Saipem secures Usan contract

Elf Petroleum Nigeria has awarded Saipem a contract for umbilicals, flowlines, risers, and oil loading terminal activities for the subsea development of the Usan deepwater field, located off the coast of Nigeria.

Offshore staff

MILAN, Italy -- Elf Petroleum Nigeria has awarded Saipem a contract for umbilicals, flowlines, risers, and oil loading terminal activities for the subsea development of the Usan deepwater field, located off the coast of Nigeria. The contract is worth over $1.3 billion.

The contract encompasses the engineering, procurement, construction, installation, pre-commissioning, assistance to commissioning, and start-up of the subsea umbilicals, flowlines, and risers connecting the 42 subsea wells to the FPSO, along with the oil loading terminal, consisting of an offloading buoy and two offloading lines, and part of the FPSO anchoring system.

Fabrication will be carried out in Nigeria, mainly in Saipem's Rumuolumeni yard. The offshore installation will done by the Saipem FDS and Saipem 3000, in water depths ranging from 730 to 850 m (2,395 to 2,789 ft) between 4Q 2010 and 4Q 2011.

03/28/2008

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