Saipem Awarded $220 Million in Contracts

Saipem has won two turnkey onshore contracts worth $220 million in total.

The first contract was awarded by the Nigerian Agip Oil Company for the laying of a gas pipeline in the Rivers State in the Niger Delta area. The project covers engineering procurement and construction of a 36-inch, 82-kilometer long onshore pipeline transporting gas from Rumuji, 30 km northeast of Port Harcourt, to the N-LNG liquefaction plant located on Bonny Island. The project is scheduled to be completed by the second half of 2005.

The second contract was awarded by Total for engineering, procurement, supply, construction and commissioning of battery facilities at a hydrocracking unit to be implemented at the Refinerie de Normandie located near Gonfreville. The project is scheduled to be completed in the second quarter of 2006.

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