Saipem wins EPIC contract for Basra Oil Terminal in Iraq

Italian oil and gas contractor Saipem has been awarded the engineering, procurement, installation and commissioning (EPIC) contract for the Iraq Crude Oil Export Expansion Project — Phase 2, by South Oil Company.

The project is within the framework of the expansion of the Basra Oil Terminal, off the Al Faw Peninsula in the Arabian Gulf, approximately 550km south-east of Baghdad.

The contract encompasses the engineering, procurement, fabrication and installation of a Central Metering and Manifold Platform (CMMP), to be installed in a water depth of 28m, along with associated facilities.

Offshore activities will be performed in the third and fourth quarter of 2013.