Aegion Corporation AEGN today announced that
United Special Technical Services, LLC (“USTS”), a joint venture between
United Pipeline Systems, Inc., a subsidiary of Aegion (“United”), and Special
Technical Services LLC (“STS”) of Oman, was recently awarded multiple projects
with a combined value of over $21 million (USD). These projects are located in
Kuwait, Algeria, Bahrain and Oman. United owns a 51 percent interest and STS
owns a 49 percent interest in the joint venture.
In Kuwait, USTS will supply and install United's proprietary Tite Liner^®
system in over 230 miles of 4-inch to 30-inch diameter water injection
pipelines. Work on this project is expected to begin in early 2013 and to be
completed within 18 months.
The Algeria contract requires USTS to design and install a high-density
polyethylene (HDPE) liner in nearly 10 miles of 8-inch diameter water disposal
pipelines. This project will be the first time the Tite Liner^® system has
been installed in Algeria.
The project in Bahrain will require USTS to perform the fusion and
installation of approximately 40 miles of HDPE ring main headers to be used
for water distribution throughout an oilfield.
The contracts in Oman involve the supply and installation of eight miles of
HDPE liners in water injection and process pipelines ranging from 12-inches to
24-inches in diameter.
The projects in Algeria, Bahrain and Oman are expected to be completed by June
2013.
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