Saipem has been awarded a new onshore contract in Nigeria worth approximately USD 210 million.

Shell Petroleum Development Company of Nigeria awarded Saipem the contract for the construction, installation and commissioning of a 30-inch onshore pipeline system, in Bayelsa and Rivers States, connecting the San Bartholomew Manifold to the Cawthorne Channel Junction Manifold Trunkline, spanning a total length of 46 kilometres. The contract also encompasses the decommissioning of the existing 28-inch pipeline and related facilities. Works will be completed by third quarter of 2008.

Saipem (43% owned by Eni) is a leader in the provision of engineering, procurement, project management and construction services for the oil & gas Industry, with unique capabilities in designing and executing large scale offshore and onshore projects. Saipem has strong expertise in operating in deepwater and remote areas. It has significant technological competence in gas monetization and heavy oil exploitation.