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Saipem secures US$1.3bn pipeline contract offshore Middle East

Exploration & Production

Saipem has been awarded a pipeline project offshore Middle East worth approximately US$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 line pipe and long lead items contracts.

However, Saipem has not named the company nor the timeline for the completion of the work.