Saipem bags EUR 280 Million Pipeline Project from GAZ-SYSTEM

A contract worth approximately EUR 280 million has been awarded to Saipem, a leading company in engineering, drilling, and construction of major projects in the energy and infrastructure sectors, by GAZ-SYSTEM S.A. for the transportation and installation of a natural gas pipeline between Denmark and Poland in the Baltic Sea.
 

GAZ-SYSTEM is a Polish company responsible for natural gas transmission and it operates the most important gas pipelines in Poland. This contract work is part of the Baltic Pipe project—the construction of a bidirectional offshore gas pipeline connecting Poland and Denmark and the expansion of the local transmission network.
 

The Baltic Pipe Project is a strategic infrastructure project developed by a joint venture between GAZ-SYSTEM S.A. and Energinet.dk, and is co-financed by the European Union to create a new inter-European gas corridor to have gas supplied directly from Norway to the markets in Poland, Denmark, and neighboring countries.
 

The contract comprises the construction of approximately 275 km of 36-inch concrete-coated pipeline between Denmark and Poland in a water depth between 4 and 57 m, which will be carried out by Saipem S-lay vessels. The contract includes microtunneling and civil works activities in Denmark and Poland, extensive rockdumping as well as pre and post-lay trenching and backfilling activities. The work under the contract is scheduled to commence immediately.
 

Francesco Racheli, COO E&C Offshore Division of Saipem, commented: “This new contract, assigned thanks to our solid track record in pipeline installation projects and arriving at a critical moment for the energy industry worldwide, will help ensure the continuity of European gas supply and reinforces Saipem’s presence in a such a highly strategic area. We look forward at swiftly and successfully delivering this important project.”
 

GAZ-SYSTEM, on the other hand, plans to build over 2000 km of new gas pipelines in western, southern, and eastern parts of Poland as part of the 2015-2025 investment programme.

Further development of the national transmission network, including the construction of new gas pipelines as part of the North-South Gas Corridor is expected to strengthen Poland’s energy security.

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