Saipem has been awarded new E&C offshore contracts cumulatively valued at 180 million euro. The most significant initiatives are:
Johan Sverdrup Export Pipelines Project
Statoil, on behalf of the Johan Sverdrup partners, has awarded Saipem an Installation contract for the Johan Sverdrup Export Pipelines Project. The Johan Sverdrup field is located on the Utsira Height in the North Sea, 155 km west of Stavanger, and is one of the five biggest oil fields on the Norwegian continental shelf, with expected reserves of between 1.7–3.0 billion barrels of oil equivalent.
Saipem will be responsible for the installation of a 156 km 18-inch Gas Export Pipeline for the Kårstø gas terminal, as well as approximately 282 km 36-inch Oil Export Pipeline (depending on final routing) for the Mongstad terminal.