Saipem awarded new $800 million E&C Onshore contract

 July 26, 2012; h 10:45

San Donato Milanese (Milan), 26 July 2012– Saipem has been awarded a new E&C Onshore contract in Nigeria worth over $800 million.

The lump sum turnkey contract has been awarded for the SSAGS (Southern Swamp Associated Gas Solution) project to be developed at sites located approximately 65 kilometres south-east of Warri, in the Delta State.

The scope of work includes the engineering, procurement, construction and commissioning of compression facilities at the four sites of Ogbotobo, Beneside, Opukushi and Tunu, and of new gas Central Production facilities in Tunu, which will treat the routed associated gas. The project is expected to be completed in 32 months.

The project will be wholly domiciled in the country and represents the first time a mega-project is to be fully developed in Nigeria.

Saipem is organised into two Business Units: Engineering & Construction and Drilling, with a strong bias towards oil & gas related activities in remote areas and deepwater. Saipem is a leader in the provision of engineering, procurement, project management and construction services with distinctive capabilities in the design and execution of large-scale offshore and onshore projects, and technological competences such as gas monetisation and heavy oil exploitation.

Website: www.saipem.com
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Saipem S.p.A. - Via Martiri di Cefalonia, 67 - 20097 San Donato Milanese (MI) - Italy

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