NEWS ARCHIVE

Saipem awarded Azerbaijan contracts

Saipem SpA has won two contracts to fabricate, transport and install offshore structures for Phas...

This article is 21 years old. Images might not display.

The two contracts have been awarded by Azerbaijan International Operating Company (AIOC), have an approximate value of 235 million Euro (US$288 million), and are due to be finished in 2007.

“The first contract covers the fabrication and load out of a template and two jackets and associated piles, with a total weight in excess of 45,000 tons [and] the second contract involves the transport and installation activities for the two platforms including a template, two jackets and two topsides,” said Saipem.

Saipem had previously similar contracts for Phases One and Two of the ACG project.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

Future of Energy: The Role of Batteries Report 2026

The role of batteries and storage in Australia’s energy transition

editions

Future of Energy Report: Nuclear Power in Australia 2024

Energy News Bulletin’s new report examines what the energy and resources industry thinks of the idea of a nuclear-powered Australia.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.