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Saipem SpA Awarded New E&C Offshore Contract in Nigeria Worth USD 3 Billion

Tuesday, 25 Jun 2013 05:15am EDT 

Saipem SpA announced that it has been awarded the contract for the subsea development of the Egina field, in Nigeria, in a water depth up to 1,700 metres. The project was included in the new contract awards announced in the press release issued on May 21, 2013, but was not named at that time and it is worth approximately USD 3 billion. Saipem signed with Total Upstream Nigeria Ltd an EPCI contract for the subsea development of the Egina field, located in the Oil Mining Lease 130, approximately 100 kilometres off the Nigerian coast south of Port Harcourt in the Rivers State. The scope of work includes engineering, procurement, fabrication, installation and pre-commissioning of 52 kilometres of oil production and water injection flow lines, 12 flexible jumpers, 20 kilometres of gas export pipelines, 80 kilometres of umbilicals, and of the mooring and offloading systems. The marine activities will be performed throughout 2016, continuing to the second quarter of 2017. The fabrication activities will be almost entirely performed in Nigeria and most of them in the Saipem Rumoulumeni Yard in Port Harcourt, further improving the already high level of local content reached for the Usan Field Development Project which has been carried out by Saipem for the same Client. 

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