Saipem Wins €400m South Stream Contract
Saipem has been contracted by South Stream Transport B.V. to provide supporting works relating to the construction of the second line of the South Stream Offshore Pipeline for a total value of approximately €400 million. The entire offshore South Stream project consists of four parallel gas pipelines, across the Black Sea from Russia to Bulgaria, each 931 kilometers long, to be laid at depths of up to 2,200 meters. According to this contract Saipem will perform additional supporting works, including engineering, coordination of storage yards, cable crossing preparation, and connecting the
South Stream Transport Readies for Black Sea Offshore Pipeline Lay
Holland's South Stream Transport has signed an option agreement with the Bulgarian ports of Varna and Burgas for the storage and handling of pipe segments in Black Sea coastal 'marshalling yards prior to commencement of the huge project. The South Stream Offshore Pipeline will consist of four parallel pipelines through the Black Sea, each made up of over 75,000 pipe segments. The pipes will be stored in so-called marshalling yards at harbours on the shore in Bulgaria, and shipped to specialized pipe-laying vessels when construction starts in 2014. The Port of Burgas and the Port of Varna
December 2025
