Saipem wins new contracts worth USD 1,420 million in Saudi Arabia and Peru

abarrelfullabarrelfull wrote on 16 Aug 2012 13:45

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22 September 2006

Saipem has been awarded two new contracts for onshore construction worth USD 1,420 million.

The Saudi Arabian company Saudi Aramco has awarded Saipem, through its subsidiary Snamprogetti, the lump sum turn key contract for the EPC (engineering, procurement and construction) of the gas-oil separation plant (GOSP), as part of the program for the development of the Khurais field, located some 180 kilometres northeast of Riyadh, the Saudi Arabia’s capital.

The contract encompasses the engineering, procurement and construction of four separation trains including necessary Plant Inlet Facilities. It will have a total capacity of 1,200,000 daily bbl and is expected to be completed in the second quarter of 2009.

In Peru, Peru LNG has awarded Saipem, in conjunction with Constructora Norberto Odebrecht (CNO) and Jan de Nul Group, a contract to develop Marine Export Facilities at the Pampa Melchorita LNG facility located 200 kilometres South of Lima.

The contract encompasses the engineering, procurement and construction of a 1,350 meter approach trestle, LNG carrier loading facilities and approach channel, and an 800 meter offshore breakwater. The Project will be completed in 40 months.

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