SAIPEM: New E&C Offshore contracts awarded worth $1.1 billion

In Egypt, Saipem has been awarded by Burullus Gas Company a contract for the development of the West Delta Deep Marine Phase IXa Project, about 90 kilometres off the Mediterranean Coast of Egypt.  

The scope of work encompasses engineering, procurement, installation, pre-commissioning and commissioning support of subsea facilities in the West Delta Deep Marine Concession, where Saipem already successfully performed earlier subsea development phases.  New facilities include rigid and flexible flowlines, umbilicals and other related subsea structures, to be installed in water depths up to 850 metres. Marine activities will be carried out between the second and the fourth quarter of 2014. 

Furthermore, in Angola, Saipem has been awarded an EPCI contract for subsea facilities. The scope of work includes engineering, procurement, fabrication and installation of production and water injection pipelines and flowlines, rigid jumpers and other related subsea structures.  Offshore activities will be performed between the second quarter of 2014 and the second quarter of 2015, in a water depth ranging from 700 to 1,450 metres. The fabrication activities will be fully carried out in Angola at Saipem yards in Soyo and Ambriz. 

Saipem is organized 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 monetization and heavy oil exploitation.

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