Saipem awarded new onshore contracts worth approximately 1.6 billion euro in Saudi Arabia and Nigeria
Posted on July 24, 2008 – 11:23 am | by oilandgaspress.com
San Donato Milanese (Milan), 24 July 2008 – Saipem has been awarded new orders in the onshore worth a total of approximately 1.6 billion euro in Saudi Arabia and Nigeria.
The Saudi Arabian company Saudi Aramco has awarded Saipem the lump sum turn key contract for package No 1 of the Manifa Central Processing Facilities (CPF) project, in the frame of the Manifa Field Development Program to increase the production capacity of the Kingdom of Saudi Arabia by 900,000 bbls/day. The Manifa Field is located approximately 200 kilometres north of Dhahran, Saudi Arabia.
The contract encompasses the EPC (engineering, procurement and construction) of three gas/oil separation trains (GOSP) with a capacity of 300,000 daily bbl each, gas dehydration, crude inlet manifolds and the flare gas system.
Saipem has been awarded additional works related to projects already ongoing in Nigeria. The client requested additional activities not originally included in the initial scope of work.
Saipem, 43% owned by Eni, is organised in three Business Units: Offshore, Onshore and Drilling, with a strong bias towards oil & gas related activities in remote areas and deepwater. Saipem is a leader in the provision of engineering, procurement, project management and construction services with distinctive capabilities in the design and the execution of large scale offshore and onshore projects, and technological competences such as gas monetisation and heavy oil exploitation.
Website: www.saipem.eni.it
Switchboard: +39-025201
Shareholder Information:
Saipem S.p.A., Via Martiri di Cefalonia, 67 - 20097 San Donato Milanese (MI), Italy
Relations with institutional investors and financial analysts:
Tel.: +39-02520.34653 Fax: +39-02520.54295
E-mail: investor.relations@Saipem.eni.it
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Tags: NIGERIA, Saipem, Saudi Arabia
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