Independent journal on economy and transport policy
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Saipem adjudicates onshore contracts E&C for about 600 million dollars
In program the realization of a new system for the urea production in Saudi Arabia
January 13, 2012
Saipem has adjudicated onshore contracts E&C for a value of about 600 million dollars. Last month, in Saudi Arabia, the Italian company has obtained from the associate of SABIC Safco (Saudi Arabian Fertilizer Company) the contract keys in hand for the project "Safco V" that previews the fifth expansion of the industrial park of To - the Jubail through the realization of a new system for the urea production, situated about 100 kilometers to north of Dammam, on the coast oriental of Saudi Arabia.
The contract comprises engineering, supplying and the construction of a system with a manufacturing capacity of 3.250 tons of urea to the day, based on Snamprogetti technology, together with the relative units of production of services and structures of connection with the already existing systems.
The project will be completed in the first half of 2014. Moreover Saipem has negotiates various increments of the scope of the job on existing contracts onshore.
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