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Home Companies Company News

Deal: Total Upstream Nigeria Awards $3Billion Egina Oil Field Contract To Siapem

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 26, 2013
in Company News, Corporate deals
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Total Upstream Nigeria, a joint venture partner of the Nigeria National Petroleum Corporation (NNPC), has awarded a $3 billion contract for the subsea development of the Egina oil field to Italian oil and gas industry contractor, Siapem.

Under the deal, Siapem, a subsidiary of Italian oil giant Eni, will carry out engineering, procurement, fabrication, installation and pre-inauguration of 52 kilometres of oil production and water injection flowlines.

Total Awards $3bn Egina Oil Field Contract to Saipem

Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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