Saipem has won offshore engineering and construction contracts in South America with a total value of about $500 million.

Cardon IV, a 50/50 joint venture between Eni and Repsol, has commissioned a work program for the Perla EP project in the Gulf of Venezuela.

This involves transportation and installation of a hub platform and two satellite platforms; a 67-km (41.6-mi), 30-in. offshore export pipeline; two 14-in. clad infield flowlines and other infield cables; and related tie-in operations.

Most of the work will be performed by the Saipem 3000 and Castoro 7 vessels between 3Q 2013 and 2Q 2014.

Offshore Brazil, Petrobras has awarded Saipem a contract for the Sapinhoa Norte and Iracema Sul project in the Santos basin presalt region, 300 km (186 mi) offshore Rio de Janeiro and São Paulo states.

Work scope includes engineering, procurement, fabrication, and installation of two offshore pipelines, with related terminations (PLETs), to be installed in the Sapinhoa Norte and Iracema Sul fields in water depths of up to 2,200 m (7,218 ft).

The Saipem FDS 2 will perform marine activities during 4Q 2014. Saipem’s yard in Guarujá, currently under development, will be used for pipe logistics and storage.