Independent journal on economy and transport policy
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Saipem adjudicates new contracts for FPSO in Brazil and Angola
Has a total value of 600 million dollars
July 15, 2014
the Saipem Italian has been adjudicated in Brazil contracted for the extension of the chartering and the intense activities of potenziamento of the FPSO (Floating Production Storage and Offloading) Cidade de Vitória. The society moreover has adjudicated in Angola the extension of the contract of chartering and operating management of the FPSO Gimboa. The contracts have a value total of approximately 600 million dollars.
In particular, the Petrobras Brazilian has assigned to Saipem the extension for four years of the chartering contract of the Cidade de Vitória situated near the field of Petrobras Golfinho, in the basin of Espirito Santo in Brazil, beyond to a contract for the works of modification and potenziamento of means. The value total of two contracts piles to approximately 450 million dollars. The FPSO Cidade de Vitória, of managed property and operatingly from Saipem, is rented to Petrobras from 2005. The duration of the contract is extended for other four years, until 2022. The executed intense activities of modification from Saipem, of the value of approximately 110 million dollars, will increase the ability to treatment of the produced water and will afford the connection of others two wells to gases to high level of condensed beginning from the first trimester of 2016. The engineering intense activities will be executed in France near the Saipem Execution Center, while the prefabrication and installation of the topside will be realized in Brazil.
In Angola, Saipem has adjudicated from Sonangol P&P the extension of two years of the contract of chartering and operating management of the Gimboa. The means are of property of Saipem, than of it cures also the operating management and work in Blocco 4/05 from 2006. The contract is extended of two years until the first trimester of 2017 for a value of approximately 150 million dollars.
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