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Saipem Awarded Two Offshore Construction ContractsSaipem, an Eni company, has been awarded two offshore contracts for a total value of around USD 230m. The first contract has been awarded by Norsk Hydro for the deep water section of Ormen Lange gas field development, located in the North Sea, 100 kilometres off Norway's coast and involves transport and installation of two pipelines, each with a length of 21km. The second contract has been awarded by the Hongkong Electric Company Limited for the construction of a submarine gas pipeline from the Guangdong LNG terminal located at Shenzhen (People's Republic of China) to Lamma island of the Hong Kong SAR. The scope includes detailed engineering, procurement, transport and installation of a 92km submarine pipeline, to be installed during the first half of 2005 by the vessel Castoro 2. Search for more Saipem News Added to site on 07/06/04 |