ERSAI Awarded Contract in the Caspian Region

Saipem, through its controlled company ERSAI Caspian Contractor LLC, has been awarded a new engineering and construction contract in the Caspian Region.

The contract awarded to ERSAI, in consortium with Daewoo Shipbuilding & Marine Engineering Co., is worth approximately $1 billion. The contract's scope includes yard engineering, fabrication and precommissioning activities as well as the load-out of 55,000 tons of pipe racks.