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Saipem wins $3 billion contract in Nigeria

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Staff writer ▼ | June 26, 2013
SaipemSaipem has been awarded the contract for the subsea development of the Egina field in Nigeria. The project is worth approximately $3 billion.

Saipem will work in a water depth up to 1,700 metres. 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.

Saipem is present in Nigeria since the late 1960s and has been involved in all country's major developments as one of the few international contractors able to operate maximizing the local content, ensuring business sustainability and therefore fulfilling the Country requirements.

Saipem is organised into two Business Units: Engineering & Construction and Drilling, with a strong bias towards oil & gas related activities in remote areas and deepwater.

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