ICA Consortium Awarded $272M Pipeline Maintenance Contract by Ecopetrol in Colombia
Ecopetrol, S. A. awarded the contract to the Pipeline Maintenance Alliance, which is owned 70% by MASA and 30% by ICA. The contract includes works and maintenance for five years of approximately 900 km of oil pipelines in the southern region of Colombia, plus an option for an additional two years. The total amount of the contract is US$ 272 million. Work is expected to begin in December 2013.
MASA-Mecánicos Asociados S.A.S. is the leading provider in Colombia of Asset Integrity Management services for the oil, mining, and energy sectors. Founded 28 years ago, it is a subsidiary of Stork Technical Services of the Netherlands.
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