Independent journal on economy and transport policy
07:14 GMT+1
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Saipem has adjudicated four new contracts for approximately four billions of dollars
Contracted onshore E&C in Saudi Arabia and an offshore contract E&C EPCI in Brazil
May 7, 2014
the Saipem Italian has adjudicated four new contracts of engineering and construction, onshore in offshore Saudi Arabia and in Brazil, for a value total of approximately four billions of dollars. In particular, in Saudi Arabia Saudi Aramco it has assigned to Saipem three contracts for onshore activity E&C, while in Brazil the Petrobras group has assigned to Saipem a contract EPCI for the submarine plan "Lula Norte, Lula Sul and Lula Extremo Sul" who Santos, situated to approximately 300 kilometers to wide of the coasts of the states of Rio de Janeiro and Saint Paolo will be realized in the region of the Pre-Sale Basin di.
the scope of the job in Brazil includes engineering, supplying, the manufacturing and the installation of three submarine conducts, with relative PLETs and collectors FSHR (Free Standing Hybrid Riser) necessary for the systems of export of the gas. The conducts will be installed in the field of Lula to a depth that will reach the 2,200 meters. The manufacturing of the system of collectors and the relative submarine equipments will be carried out by Saipem near the new Brazilian yard under construction to Guarujá. The activities to sea will be executed mainly by the means Saipem FDS2 during the first half of 2016. The delivery of the entire plan is previewed for the third trimester of 2016.
"the award of these contracts - the managing director of the Italian company has commented, Umberto Vergine - is sure smash hit for Saipem: the contracts in Saudi Arabia represent the first important acquisitions onshore of 2014 and confirm our onshore competitiveness on plans complexes and to elevated technological content. The offshore contract of Lula is the test that our strategy of income and the made investments in order to earn a role from protagonists in Brazil begins to give theirs yields. We have adjudicated important contracts from two of our main customers own at the just moment, in two fundamental Countries for the activities of Saipem. These encouraging results are a lot for the future".
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the Saipem Italian has adjudicated four new contracts of engineering and construction, onshore in offshore Saudi Arabia and in Brazil, for a value total of approximately four billions of dollars. In particular, in Saudi Arabia Saudi Aramco it has assigned to Saipem three contracts for onshore activity E&C, while in Brazil the Petrobras group has assigned to Saipem a contract EPCI for the submarine plan "Lula Norte, Lula Sul and Lula Extremo Sul" who Santos, situated to approximately 300 kilometers to wide of the coasts of the states of Rio de Janeiro and Saint Paolo will be realized in the region of the Pre-Sale Basin di.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
