Saipem has signed a contract with Eni Angola S.p.A. in relation to the West Hub Development project in Angola, which incorporates the work orders previously assigned and communicated in 2016 and 2017 and adds the scope of work for the development of the Vandumbu field in Block 15/06.
The additional activities will be carried out by the Offshore E&C division and encompass the engineering, procurement, construction and installation required for the development of the Vandumbu subseea field at deepwater. Overall the project includes the realisation of two production pipelines made of special material, and the laying of umbilicals and service lines of various diameters.
Saipem has been awarded a new contract in the Gulf of Mexico involving the Transportation & Installation of the compression platform CA-KU-A1 on behalf of Dragados Offshore de Mexico S.A. de C.V. (DOMSA). Operations will be carried out by the semi-submersible vessel Saipem 7000.
In the Arabian Gulf, Saipem will carry out drilling activities for the National Drilling Company (NDC) using the high specs jack-up Perro Negro 8 for a period of ten months beginning in late 2017.
The combined value of the above contracts is approximately USD 380M.