Dredging Part of Saipem’s New Deal

The North Caspian Operating Company (NCOC) has awarded Saipem a $1.8 billion contract for the construction of two 95 kilometer pipelines for the Kashagan field project, located in the Kazakh waters of the Caspian Sea.

ERSAI Caspian Contractor LLC, a subsidiary of Saipem, will perform the contract.

The scope of work includes engineering, welding materials, conversion and preparation of vessels, dredging, installation, burial and the pre-commissioning of the two pipelines. Some parts of the project will be handed over to specialized subcontractors.

Umberto Vergine, Saipem CEO, commented: “This is a very important contract working for some of the most important oil companies in the world in a key region for Saipem. It also represents another relevant contribution to our backlog in this low price market environment.

The construction project will be completed by the end of 2016.

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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