Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Saipem Announces Deals Worth $800M

change text size

Italy-based international oil services firm Saipem announced Thursday that it has made deals with Mexican and Australian customers worth a total value of more than $800 million.

Saipem said it has signed a new contract with Mexico's Transportadora de Gas Natural Norte-Noroeste to supply EPC (engineering, procurement and construction) services for a pipeline between El Encino, located in Chihuahua State, to Topolobampo in the Sinaloa State on the west coast of Mexico.

The gas pipeline will be 30 inches in diameter and some 430 miles long, and it will have two compressor stations installed along the route. It will also have a capacity of 670 million cubic feet of natural gas per day. Saipem expects to complete the project in the first quarter of 2016.

The deal in Australia will see Saipem increase the scope of its work on the Santos GLNG Gas Transmission Pipeline Project, which is currently under development in the state of Queensland. Saipem will carry out EPC work on an underwater segmental lining tunnel for the marine crossing of wetlands between the Gladstone State Development Area and Curtis Island.

This pipeline, with a diameter of 11.2 feet and 260 miles long, will supply coal seam natural gas to the LNG facility on Curtis Island. Saipem expects this work to be completed within 20 months.

 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  GE Oil & Gas Wins Subsea Manifold Deal... (Sep 18)
 -  Statoil to Lay up COSL Pioneer Rig for... (Sep 18)
 -  Burton on the Wolds Operation to Start... (Sep 18)
 -  Keppel FELS Clinches $227M Contract fr... (Sep 17)
 -  Frontier Signs $20M Deal for UMW Naga ... (Sep 17)
Most Popular Articles
From the Career Center
Jobs that may interest you
Mechanical Designer I
Expertise: Drafting
Location: Houston, TX
 
Well Tender
Expertise: Well Servicing & Testing
Location: Zanesville, OH
 
Gunloader - Wireline
Expertise: Wireline Operator
Location: San Antonio, TX
 
search for more jobs