In 1997 the Wagenborg flag is raised in Kazakhstan. A consortium of seven oil companies is looking into oil extraction in the Caspian Sea, an area of around 300 x 300 km with only a three-metre water depth and where a metre of ice is sometimes formed in the winter. Wagenborg, which has expertise in shallow water navigation and ice, as well as knowledge of the logistics of oil and gas extraction, is asked to help to build a work island, develop a supply strategy and provide specifications for the necessary ships and materials.

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