Saipem Wins $1.1B in North, West Africa E&C Contracts

Saipem has been awarded new E&C Offshore contracts in North and West Africa for a total value of approximately $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 56 miles (90 kilometers) 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 2,788 feet (850 meters).

Marine activities will be carried out between the second and the fourth quarter of 2014.

Furthermore, in Angola, Saipem has been awarded an EPCI [engineeringf, procurement, construction and installation] 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 2,296 feet to 4,757 feet (700 to 1,450 meters).

The fabrication activities will be fully carried out in Angola at Saipem yards in Soyo and Ambriz.

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