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Saipem seals new E&C offshore deal in Egypt

Exploration & Production

Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of US$1 billion.

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 90 km offshore the Northwest Nile delta, at water depths between 400 and 1,000 meters.

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