Italian oilfield providers agency Saipem experiences it has been awarded a number of engineering, procurement, building and set up (EPCI) contracts in numerous nations value over $500 million mixed.

The first EPCI contract has been awarded by Saudi Aramco within the Kingdom of Saudi Arabia as a part of the Long-Term Agreement in drive till 2021. The scope of the offshore work encompasses the design, engineering, procurement, building and set up of a 36” carbon metal pipeline onto the present community across the Ju’aymah space and brownfield providers on the related offshore platform.

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Furthermore, in West Africa, Saipem has been assigned a contract by Eni Angola S.p.A. associated to Cabaça and Agogo Early Phase 1 developments. The scope of labor consists of the EPCI of risers, manufacturing flowlines, jumpers and the set up of a subsea manufacturing system (SPS) in water depths ranging between 400 and 600 meters to be carried out by Saipem vessels FDS and Saipem 3000.

In the identical area, particularly in Equatorial Guinea, Saipem has additionally signed a contract with Noble Energy for the offshore set up of a 70-kilometer gasoline pipeline connecting the Alen Platform to Punta Europa on the coast.

Additional minor contracts awarded are associated to the decommissioning of present infrastructures situated within the Thistle Field of the North Sea to be executed by the Saipem 7000 and two different offshore transportation and set up contracts within the Middle East and the Gulf of Mexico.

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Francesco Racheli, Saipem E&C Offshore Division COO, mentioned, “These new contract awards affirm the diversified nature of our core market segments and contribute to consolidating the historic relationship with our purchasers who know they will consistently depend on our help to be able to pursue their security, effectivity and reliability targets. A very good begin to the 12 months for the E&C Offshore division and affirmation of the strategic positioning of the corporate within the Middle East and West Africa.”

Source: www.worldoil.com

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