MILAN, Italy – Saipem has tallied more than €600 million ($680.87 million) in offshore engineering and construction contracts.
Saudi Aramco has awarded Saipem an engineering, procurement, construction, installation (EPIC) project for offshore structures including an observation platform, wellhead production deck module, auxiliary platforms, 20-in. internally cladded flowline, and composite power cable, all for offshore Saudi Arabia.
Saipem also has an EPIC contract from Eni for the offshore Angola East Hub development in block 15/06. The project includes five flexible risers and 20 km (12 mi) of rigid flowlines, as well as installing SURF facilities which include umbilical sections, rigid spools, well jumpers, and 14 PLETs to be fabricated in Angola. The project is scheduled to be completed by the end of 2016.
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