Saibos Awarded Kizomba B Contract

Esso Exploration Angola (Block 15) Limited has awarded to Saipem subsidiary, Saibos, a turnkey contract associated with the Kizomba B Project on the Esso-operated deepwater Block 15, offshore Angola.

The contract scope includes engineering, procurement, construction and installation for the risers and flowlines facilities of the Kizomba B Project at water depths of approximately 1100 meters. In addition Saibos will carry out the installation of FPSO mooring systems and subsea manifolds and umbilicals. The offshore installation phase involves two substantial installation campaigns by the Saibos FDS field development ship between Q3 2004 and Q3 2005.