Saipem awarded EPCI contracts totalling US$500 million

Photo: Saipem

Saipem has been awarded several engineering, procurement, construction, and installation (EPCI) contracts worth over US$500 million in various countries around the world.

The first EPCI contract has been awarded by Saudi Aramco in the Kingdom of Saudi Arabia as part of a long-term agreement in force until 2021. The scope of the offshore work encompasses the design, engineering, procurement, construction, and installation of a 91-centimetre carbon steel pipeline onto the existing network around the Ju’aymah area and brownfield services at the associated offshore platform.

Furthermore, in West Africa, Saipem has been assigned a contract by Eni Angola related to the Cabaça and Agogo Early Phase One developments. The scope of work includes the EPCI of risers, production flowlines, and jumpers and the installation of a subsea production system (SPS) in water depths ranging between 400 and 600 metres to be carried out by the vessels FDS and Saipem 3000.

In the same region, specifically in Equatorial Guinea, Saipem has also signed a contract with Noble Energy for the offshore installation of a 70-kilometre gas pipeline connecting the Alen Platform to Punta Europa on the coast.

Additional minor contracts awarded are related to the decommissioning of existing infrastructures located in the Thistle Field of the North Sea to be executed by Saipem 7000 and two other offshore transportation and installation contracts in the Middle East and the Gulf of Mexico.

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