Saipem Snags $900MM Kuwaiti Contract

Saipem has been awarded an onshore contract worth approximately $900 million to build a new gas booster station in West Kuwait.

Saipem has been awarded by Kuwait Oil Company (KOC) a contract for the engineering, procurement and construction (EPC) of the new booster station (BS-171) comprising of three high and low-pressure gas trains to produce 234 million cubic feet a day of dry gas and 69,000 barrels per day of condensate. The gas is fed from the existing gathering centers 17, 27 and 28 and the new gathering center 16.
The BS-171 contract will also cover a pipeline network from these units to the booster station and an intermediate slug catcher. The activities will be completed within the second quarter of 2013.

Saipem is currently building the Gas Booster Station 160 (BS 160) located in Southeast Kuwait for KOC.