Saipem company wins Caspian pipe contract
Published by Elizabeth Corner,
Senior Editor
World Pipelines,
Saipem, through its controlled company ERSAI Caspian Contractor LLC, has been awarded a major new engineering and construction contract in the Caspian Region.
The contract awarded to ERSAI, in consortium with Daewoo Shipbuilding & Marine Engineering Co., is worth approximately US$ 1 billion.
Contract scope includes yard engineering, fabrication and pre-commissioning activities as well as the load-out of 55 000 t of pipe racks.
Umberto Vergine, Saipem CEO, commented: "This contract underlines our excellent track record in a key market for Saipem and I look forward to the continued development of our presence in the Caspian Region, working with our local partners to deliver a high quality service to some of our most important clients".
Edited from source by Elizabeth Corner
Read the article online at: https://www.worldpipelines.com/business-news/26112014/saipem-company-wins-caspian-pipe-contract/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Construction begins on Greensand’s carbon dioxide transit terminal at Port Esbjerg
When the tanks are full, the liquefied carbon dioxide will be loaded onto a dedicated carrier from Royal Wagenborg and shipped to the INEOS Nini platform in the Danish North Sea. From there, it will be safely injected via pipeline into subsurface reservoirs approximately 1800 m beneath the seabed for permanent storage.
