A subsidiary of Italian oil giant Eni, Saipem has secured an engineering, procurement, commissioning and installation (EPCI) contract worth about $3bn from Total Upstream Nigeria for the subsea development of the Egina field, offshore Nigeria.
Under the contract, Saipem will carry out engineering, procurement, fabrication, installation and pre-commissioning of 52km of oil production and water injection flow lines, 12 flexible jumpers, 20km of gas export pipelines, 80km of umbilicals, and mooring and offloading systems.
Saipem said the marine activities will be carried out throughout 2016 and will continue till the second quarter of 2017.
Most of the fabrication activities will be performed in the Saipem Rumoulumeni Yard in Port Harcourt, Nigeria, where Saipem has already carried out the Usan Field Development Project.
Discovered in 2003, the Egina field is located in the Oil Mining Lease (OML) 130, about 100km off the Nigerian coast, south of Port Harcourt in the Rivers State.