Saipem Wins Onshore Contracts in Australia, Qatar

Saipem has been awarded two new onshore contracts in Australia and Qatar worth a total value of euro 255 million.

In Australia, the DBP Group awarded Saipem the lump sum turnkey contract for stage 5-A of the expansion of the DBNGP Pipeline. Built by Saipem in the 1980s, the pipeline runs from Dampier to Bunbury, North to South-West in the State of Western Australia. Saipem will be responsible for the construction design, installation and pre-commissioning of 570 kilometers of nominal bore pipeline and associated facilities. Construction will occur alongside approximately half the mainline length of the existing pipe. The works will be completed in the first quarter of 2008.

In the State of Qatar, Saipem, as part of a consortium comprising Abu Dhabi-based Al Jaber and a 50/50 Joint Venture between Saipem and OTV (a subsidiary of France's Veolia Environment), won the contract for an Effluent Treatment Plant (ETP) works as part of the Pearl Gas To Liquids (GTL) Project, in Ras Laffan Industrial City, 85 kilometers North of Doha.

The contract, which was awarded by Qatar Shell Limited, covers the engineering, procurement, construction and commissioning of the Effluent Treatment Plant that will treat the water coming out of the two-train GTL complex. The project will be completed in two phases, expected to finish in summer 2009 and summer 2010, respectively.

Saipem (43% owned by Eni) is a leader in the provision of engineering, procurement, project management and construction services for the oil & gas Industry, with unique capabilities in designing and executing large scale offshore and onshore projects. Saipem has a strong expertise in operating in deepwater and remote areas. It has significant technological competence in gas monetization and heavy oil exploitation.