Saipem Wins Gbaran Work in Nigeria
Saipem has been awarded a US $420 million contract for the engineering, procurement and construction of pipelines, flowlines and composite fiber optic and high voltage electrical cables connecting the Gbaran oil and gas production fields - in Bayelsa State in Niger delta, with the central processing facility in the area.
The contract has been awarded by Shell Petroleum Development Company of Nigeria (SPDC) within the Gbaran/Ubie integrated oil & gas project. The contract calls also for the laying of 340 kilometers of pipelines and flowlines. Work is expected to be completed at the end of 2008.
Project Management, Engineering and Procurement Services will be carried out in Saipem's operations base located in Port Harcourt, Nigeria, in accordance with the company's policy of maximizing its local content profile.
Saipem, which has been operating in Nigeria since late 1960s, employs about 2,400 local staff and is currently executing more than ten contracts, including the development of the Akpo offshore field, 200 kilometers south of Port Harcourt.
Operates 27 Offshore Rigs
- API Panel Member: Voluntary Methane Program Forthcoming (Oct 06)
- Eni Bets Big on Zohr Explorer Finding New Treasure (Oct 06)
- Shell, Varo End Talks on Germany Refinery Stake Sale (Oct 06)
Company: Saipem more info
Manages 12 Offshore Rigs
- Ifax: Saipem To Conduct Feasibility Study On Rosneft Chemical Plant (Sep 15)
- Saipem to Build Pipelines for Kuwait Refinery Project (Aug 16)
- Saipem Warns On Profits After Falling To 2Q Loss (Jul 25)