CALGARY - September 21, 2011
Saipem Canada Inc. has been awarded a new onshore contract worth approximately $500 million.
Saipem Canada Inc., through which Saipem operates in Canada, has been awarded a new EPC Lump Sum contract by Canadian Natural Resources Ltd. (Canadian Natural). The project consists of the engineering, procurement and construction of a Secondary Upgrader with a production capacity of 42,599 BPSD (barrels per stream day) of Hydrotreated Gas Oil, as part of the Horizon Oil Sands Project - Hydrotreater Phase 2 - in the Athabasca region of Alberta, Canada.
The scope of the project includes 3 units to be built within the existing complex: Gas Oil Hydrotreating Unit (GOHTU), Common facilities (Substation & Rib), Wash Water and Rich Amine System and the Interconnecting Piperack.
The complete Horizon Oil Sands Project will develop oil sands resources on the Canadian Natural Oil Sands Lease, located approximately 70 kilometers north of Fort McMurray in a phased development. At full capacity, the project will produce 250,000 B/cd of synthetic crude oil, from 270,000 B/cd of mined bitumen.
The EDS (Engineering and Design Specification) package for the Plant is entirely prepared by assembling documentation from the current design of the Plant constructed by Snamprogetti Canada in 2008 for the same client.
The project will be completed in 44 months.