Castoro

Saipem‘s Engineering and Construction business unit has won offshore contracts worth approximately $950m in Angola, Kazakhstan and the North Sea.

CABGOC awarded an engineering, procurement, construction and installation (EPCI) contract to Saipem for the Congo River Crossing Pipeline Project, which is to be developed off the coasts of Angola and the Democratic Republic of Congo.

The scope of work includes engineering, procurement, fabrication and installation of three subsea pipelines and subsea spools, as well as trenching and crossing works, in water depths of up to 117m.

Subsea pipelines will range between 20 and 22 inches in diameter.

Castoro 7, Saipem’s semi-submersible lay barge, will undertake marine activities to commence in the fourth quarter of 2012, and on to the fourth quarter of 2013.

The company has also entered into an EPCI contract for URF and gas export pipelines in Angola to be carried between the fourth quarter of 2013 and the second quarter of 2015.

Under the terms of the contract, the company will undertake engineering, procurement, fabrication, installation and pre-commissioning of in-field and export pipelines of approximately 100km in length, and related subsea equipment in water depths of 70m.

Teniz Burgylau has awarded a contract to Saipem through its unit Ersai Caspian Contractor, in a consortium with Keppel Kazakhstan, to fabricate, outfit and commission of a jack-up rig, the Keppel FELS B Class rig.

The rig, which is designed for use on the Caspian Sea, is claimed to be the first jack-up to be built in Kazakhstan at Saipem’s Ersai Kuryk yard.

Keppel FELS B Class rig will have the capability of drilling wells up to 20,000ft and of operating in water depths of up to 260ft.

The company also entered into two contracts for T&I activities, for deployment of the Saipem 7000 and of the Castoro Sei pipelayer in the UK sector of the North Sea. Contracts will commence between the second quarter of 2014 and the third quarter of 2015.


Image: Castoro 7, Saipem’s semi-submersible lay barge. Photo courtesy of: Saipem.