The Romanian company won the contract at the end of 2009. The fleet of multifunctional vessels held by Grup Servicii Petroliere, the core company of the Upetrom group run by Comanescu, worked for a year and a half to build a 150-kilometer pipeline for the transport of natural gas, on the Dzhubga – Lazrevskoe – Sochi route, with most of the project being under water.
The pipeline built by GSP is included by Russia in its program
of Olympic Targets, and is set to supply natural gas to the city of
Sochi, which will host the Winter Olympic Games in 2014.
This is the biggest contract won so far by the Romanian businessman
through Grup Servicii Petroliere, a business specializing in
offshore drilling, which has worked with national oil companies in
Turkey and Mexico.
The next target of the businessman is the Caspian Sea, with Grup Servicii Petroliere having opened an office in the area in Kazakhstan this year. All international giants are fighting over this region’s hydrocarbons, and European projects such as Nabucco and AGRI depend on the development of this area.