Saipem Wins $850mn Kuwaiti Contract

Italian engineering firm Saipem has won a contract worth some $850mn for the new Al Zour refinery in the south of Kuwait, it said August 16. Activities involve engineering, procurement, construction and commissioning for the feed pipelines.

The contract has been awarded by the Kuwait Oil Company (KOC), a subsidiary of the Gulf country’s national oil company, the Kuwait Petroleum Corporation (KPC). The scope of work involves building a 450-km pipeline system to take crude oil and gas from various KOC South Tank Farm manifolds to the refinery. The project also includes the realisation of a network for the transportation of the refined products to the storage areas present in the refinery of Mina Al Ahmadi. These products will also be used to feed the state-owned Northern Power Station. 

Saipem CEO Stefano Cao said it welcomed the new contract "both because it marks a new milestone for the company in the onshore engineering and construction sector and, above all, because it reinforces and consolidates Saipem’s presence in Kuwait, a country where we have been operating for over 30 years."

William Powell