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Saipem lands European gas pipeline contract

BAAR, Switzerland, April 14 (UPI) — German engineering company Saipem was awarded a contract to design and build the offshore section of a gas pipeline for Europe, project leaders said.

“While offshore construction raises specific challenges, Saipem’s robust technical bid, strong safety track record and experienced team of specialists reassure us that works will be executed to the highest standards and industry best practice,” Ian Bradshaw, the managing director of the Trans Adriatic Pipeline consortium, said in a statement.

The Trans-Adriatic pipeline will start delivering gas from the Shah Deniz gas project offshore Azerbaijan to European consumers in 2019. TAP would connect to the Trans-Anatolian natural gas project running through Turkey to the Greek border.

Saipem is tapped with engineering, construction and installation of the 65-mile section running between the coasts of Albania and southern Italy. Last month, a joint venture formed by Italian and Greek companies secured contracts for sections through northern Greece to the Albanian border. French company SPIECAPAG won a deal to build pipelines though the region and on to the Turkish border.

The TAP project consortium offered no terms for the deal with Saipem. Saipem had no comment on the award.

TAP is part of the network of pipelines included in the Southern Corridor of gas programs meant to diversify a European energy sector dependent on Russia.

British energy company BP, leading Azeri developments alongside a state-backed energy company, has awarded more than $1 billion in development contracts since selecting the TAP as its option for Shah Deniz in 2013.

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