Thursday, 30 December 2010

Saipem bags $700m double

Italian contractor Saipem has landed jobs worth a total of $700 million, for work in the Gulf of Mexico and off Kazakhstan.

Amberjack Pipeline has contracted Saipem to transport and install the 220-kilometre long Walker Ridge export pipeline, which will connect the Jack and Saint Malo fields in the deep-water Gulf of Mexico to a floating production, storage and offloading unit.

Offshore work will be carried out by the newbuild pipelay vessel Castorone, with the first phase scheduled for the first quarter of 2013. The contract marks the first job for Castorone, which is still under construction.

Meanwhile, Agip has extended an existing piles and flares contract covering work at the Kashagan development, in the Kazakh sector of the Caspian Sea, until December next year.

The workscope includes the fabrication, assembly, transport and installation of the flares and piles for the offshore structures, as well as the installation of 14 module barges.

Procurement, fabrication and installation of associated mooring, protection and interconnection structures is also included.

The Ersai 1 construction barge will be used to fulfil the contract.

The piles, flares and other structures will be fabricated in the Ersai’s Kuryk yard in Kazakhstan, in which Saipem has a 50% stake.