SAIPEM has picked up two new offshore contracts in Egypt and Angola totalling $600million. The Egypt work is with Burullus Gas, covering the subsea development of the Sequoia field, which straddles both the Rosetta and West Delta Deep Marine Concessions offshore the Nile River Delta about 130km north-east of Alexandria. The contract encompasses the engineering, procurement, installation and commissioning (EPIC) of the subsea development system of the Sequoia fieldand of a new 22in gas-export pipeline.
The second contract, awarded by Total E&P Angola, is for Angola’s block 17 Gas Export Project, consisting of exporting block 17 gas to the block 2 area for injection into two oil-depleted reservoirs. It includes engineering, procurement, fabrication, transportation and installation of a new central platform.