J. Ray to build Kazakhstan fabrication facility

J. Ray McDermott is planning to set up its newest fabrication facility in Tub-Karaganskiy Bay in the Caspian Sea (Mangistau region, Republic of Kazakhstan).

Offshore staff

HOUSTON -- J. Ray McDermott is planning to set up its newest fabrication facility in Tub-Karaganskiy Bay in the Caspian Sea (Mangistau region, Republic of Kazakhstan).

Agreements were recently signed between the Kazakhstan branch of McDermott Caspian Contractors, J. Ray's Caspian operating subsidiary, and TenizService (TS), a subsidiary of JSC NC KazMunaiGas.

Under the agreements, McDermott will build and operate a fabrication facility on 49 acres of land reclaimed by, and leased from, TS.

TS will reclaim 49 acres of land from the Caspian Sea to build the yard, including landfill and sheet piling, all to the requirements applicable in the Republic of Kazakhstan and to McDermott's specifications.

McDermott will provide engineering and construction of fabrication facilities and will install utilities, procure yard equipment, and recruit and train Kazakhstan personnel to manage and operate the Bautino fabrication yard.

The Bautino yard will have 2,188 ft (667 m) of quayside length with an average water depth of 21.3 ft (6.5 m), dedicated fabrication and erection areas, and other structures including offices, warehouse, training center, canteen, and a dual bay fabrication shop.

09/10/2008

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