Saipem wins two downstream projects worth $1.2B

Saipem has been awarded new onshore contracts with a total value in excess of $1.2 billion.
 Kharafi National awarded Saipem the EPC contract for the Early Production Facility Project for the Jurassic field, located in the North of Kuwait, approximately 50 kilometers northwest of Kuwait City. 
The contract encompasses the engineering, procurement, construction and commissioning of the Early Production Facilities, which will have an oil and gas treatment capacity of 150,000 barrels per day in this first phase of development, and of the gathering system and pipelines, next to a sulphur granulation plant. 
The works will be completed in the second quarter of 2013. 
In Syria, Dijla Petroleum Company has awarded Saipem the lump sum turn key contract for the Central Processing Facility to be installed at the Khurbet East oil field, on Block 26. Saipem will carry out the engineering, procurement and construction of a plant (Central Processing Facility) with the capacity to process 50,000 barrels of fluids per day. 
The works will be completed in 20 months.
Source: Press release