Independent journal on economy and transport policy
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Acquisice Saipem Offshore contracts E&C for about 1,1 billion dollars
New activities in Egypt and Angola
March 11, 2013
The Saipem Italian has signed new Offshore contracts E&C in North Africa and western for a total value of about 1,1 billion dollars. In Egypt, Saipem has adjudicated from Burullus Gas Company (joint enture BG 25%, EGPC 50% and Edison International 25%) a contract for the development of the West project Marine Deep Delta - IXa Phase, to about 90 kilometers from the coast Egyptian in the Mediterranean. The scope of the job comprises preliminary engineering, supplying, installation, operations and support for the mass in service of submarine structures in West Delta Deep Marine Concession, where Saipem has already executed with success some of the phases precedence of the development of the submarine reservoir. The new structures comprise lead rigid and flexible, it dig out umbilical and other submarine structures that will be installed in depth of water until 850 meters. The activities to sea will be carried out between the second and the fourth trimester of 2014.
Moreover, in Angola, Saipem has signed a contract of type EPCI for submarine structures. The scope of the job includes engineering, supplying, manufacturing and installation of submarine conducts of production and water injection, digs out rigid of connection and other submarine installations. The marine activities will be carried out between according to trimester of 2014 and according to trimester of 2015, to a depth of water that varied from 700 to 1.450 meters. The manufacturing activities entirely will be realized in Angola near the yards Saipem di Soyo and Ambriz.
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