Saipem given extension for Kashagan

Offshore staff

MILAN -- Agip KCO has extended Saipem’s contract for the Kashagan project offshore Kazakhstan through December 2010.

Saipem was contracted in 2005 to install the offshore facilities system for the experimental phase of the development program. Kashagan, in ultra shallow water in the northern part of the Caspian Sea, is being developed via equipment housed on artificial islands.

Saipem is responsible for fabrication, assembly, transport and installation of the flares and piles sustaining the offshore structures, as well as installation of 14 module barges. The scope includes procurement, fabrication and connection of associated mooring, protection, and interconnecting structures.

Ersai’s Kuryk yard in Kazakhstan, in which Saipem has a 50% stake, is fabricating the piles and flares. A specially-designed construction barge Ersai 1 is performing the installation program.

4/8/2010