Thursday, August 23, 2007

Horizon enters Indian market with pipeline project

A subsidiary of Horizon Offshore Inc. has been awarded a contract from Hindustan Oil Exploration Co. Ltd. to supply equipment for a project offshore India, signaling the company's entrance into the Indian market.

Horizon Marine Construction (Mauritius) Ltd. will supply, transport and install an offshore wellhead, platform, topsides and subsea pipeline. Horizon, a Houston marine construction company, said the project calls for the transportation and installation of a four pile jacket and deck, and installation of 57 kilometers gas transportation pipeline.

The pipeline will begin south of Chennai along the east coast of India and end at the PY-1 field located in the northern offshore portion of the Cauvery Basin. Construction is expected to begin in January 2009.

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