The feasibility study will involve services for conceptual pipeline routing and design, financial analysis and economic modeling, capital expenditure and operating expenditure estimates, as well as marketing of products and environmental reviews.
KBR noted that the study will also examine the feasibility of building new pipelines to transport oil and gas from the region to other world markets.
Granherne will rely on expertise from its KBR counterparts, including its office in Baku, Azerbaijan, as well as the support of several subcontractors. Work on the study is expected to commence in late-April 2008.
Clive Vaughan, Granherne’s managing director, said: Our selection demonstrates Granherne’s ability to address the wide ranging scope of the study while addressing the technical challenges. We look forward to participating in the effort to bring oil and gas from the Caspian region to other areas of the world.
