Saipem awarded $1.3bn offshore EPCI contract

Saipem awarded $1.3bn offshore EPCI contract

Italian offshore engineering contractor Saipem has been awarded an offshore pipeline project in the Middle East worth approximately $1.3bn.

The contract involves engineering, procurement, construction and installation (EPCI) activities associated to two 32-inch export pipelines, two 24-inch corrosion-resistant alloy (CRA) intrafield pipelines, risers, spool pieces and subsea structures also entailing a short onshore section and offshore brownfield topsides modifications.

The award includes the novation of substantial CRA linepipe and long lead items contracts.

In April, Saipem was awarded a series of new contracts worth around $190m in total.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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