Eni awarded international engineering firms Royal HaskoningDHV and Witteveen+Bos contracts worth USD 18 million to design a new shipyard in Kazakhstan, near the town of Kuryk on the Caspian Sea. The project is being jointly managed by Eni and Kazakhstan’s national oil company, KazMunayGas, which both signed a strategic agreement concerning the yard in June 2014. No proposed completion date has been announced, but when opened shipbuilding is projected by KazMunayGas to commence at a rate of 400 tonnes per month and maintenance at a rate of 70 ships per year.