Saipem awarded new E&C offshore contracts exceeding 600M Euro

Source: Saipem

An EPCI contract awarded by Saudi Aramco, which involves the engineering, procurement, transportation and installation of offshore oil and gas structures.

Saipem has been awarded new E&C offshore contracts cumulatively valued at more than 600 million euro. Among the most significant initiatives are:

Saudi Aramco Karan:

An EPCI contract awarded by Saudi Aramco, which involves the engineering, procurement, transportation and installation of offshore structures including observation platform, wellhead production deck module, auxiliary platforms, 20" internally cladded flowline and composite power cable. Offshore installation activities will be performed offshore Saudi Arabia.

Eni Angola East Hub:

An EPCI contract awarded by Eni for Block 15/06 - East Hub Development Project, located approximately 350km north-west of Luanda, Angola. The scope of works includes the provision of 5 flexible risers and 20 km 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 will be completed by the end of 2016.

Saipem operates in the Engineering & Construction and Drilling businesses, with a strong bias towards oil & gas-related activities in remote areas and deep waters.  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.

Discover more about Offshore Oil and Gas:

The most comprehensive offshore exploration and production data source available: Offshore Exploration & Production Industry Worldwide Directory

More PennEnergy Offshore Research can be found here.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Making DDoS Mitigation Part of Your Incident Response Plan: Critical Steps and Best Practices

Like a new virulent strain of flu, the impact of a distributed denial of service (DDoS) attack is...

The Multi-Tax Challenge of Managing Excise Tax and Sales Tax

To be able to accurately calculate multiple tax types, companies must be prepared to continually ...

Operational Analytics in the Power Industry

Cloud computing, smart grids, and other technologies are changing transmission and distribution. ...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Latest Energy Jobs

View more Job Listings >>