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

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