Saipem bags Aramco & Eni contracts

expat network

Saipem bags Aramco & Eni contracts

Saipem has been awarded new contracts by Eni and Saudi Aramco, which together are valued at more than €600 million—approximately $681 million.

Saipem was awarded the EPCI contract by Saudi Aramco. The contract involves the engineering, procurement, transportation and installation of offshore structures, including the observation platform, wellhead production deck module, auxiliary platforms, 20-in. internally cladded flowline and composite power cable. Installation activities will be performed offshore Saudi Arabia.

Sapiem was also awarded an EPCI contract by Eni for its Block 15/06 East Hub Development, located about 350 km northwest of Luanda, Angola. The scope of works includes the provision of 5 flexible risers and 20 km of rigid flowlines, as well as installing SURF facilities, which include umbilical sections, rigid spools, well jumpers and 14 PLETs to be fabricated in Angola. The project will be completed by the end of 2016.

Source: www.worldoil.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.