Extensions: For Umberto Vergine-led Saipem off Brazil and Angola
Saipem nets $570m Gimboa catch
27 September 2006 01:07 GMT
FPSOs still on table
13 September 2012 10:59 GMT
Gimboa glory goes to Saipem
28 September 2006 11:01 GMT
Gimboa appraisal boosts reserves off Angola
30 August 2007 11:01 GMT
Petrobras hits new pre-salt record
02 June 2014 09:11 GMT
15 July 2014 09:31 GMT
A $450 million deal will see Saipem perform some modification work on the Cidade de Vitoria FPSO, which works on the Golfinho field in the Espirito Santo basin.
The Italian player will be involved in pre-commissioning and installation of the topsides in modification work valued at $110 million.
The works will increase the produced water treatment capacity and allow the connection of two additional gas wells with a high level of condensates by the first quarter of 2016.
Saipem has also seen the lease and operation contract for the unit to Petrobras extended by four years to 2022.
Meanwhile, Sonangol P&P has extended its lease and operation contract on the Gimboa FPSO on Block 4/05 by two years to the first quarter of 2017.
That contract has a value of approximately $150 million.
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