Saipem has been awarded a pipeline project in the E&C Offshore sector in the Middle East worth approximately $1.3 billion, the company said June 4.
The contract involves engineering, procurement, construction and installation 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 linepipe and long lead items contracts.
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