Saipem secures more than $1bn in E&C offshore contracts

Saipem, secures, $1bn, E&C, offshore, contracts, West, delta, marine, concession, egypt, burullus, FDSSaipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of one billion dollars

 Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of one billion dollars

In Egypt, Burullus Gas Company awarded Saipem the EPIC contract for new subsea developments in the area of the West Delta Deep Marine Concession, located about 90km offshore the Northwest Nile delta, at water depths between 400 and 1,000 m.

The development encompasses the engineering, procurement, construction and installation of a total of seven new subsea wellheads and relevant infrastructures, umbilicals and flowlines.

Saipem has already carried out two earlier phases of the West Delta Deep Marine Concession's subsea development. The work will be connected to existing infrastructure. The offshore activities will be carried out mainly by the highly-specialized vessel, Saipem FDS.

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