The contract is the provision of services for activities of EPIC (Engineering, Procurement, Installation and Construction) for the construction of a subsea pipeline.

The EPIC contractor develops detailed engineering aimed at laying and supplying the materials (except those supplied by the contracting entity SNAM Rete Gas SpA), the construction and installation of a subsea pipeline for the transportation of natural gas.

Area of the project is San Donato Milanese (Italy) and deadline for tender is 11.3.2011.

About Snam Rete Gas:

Snam Rete Gas operates in the regulated gas sector in Italy. In Europe it is leader in terms of regulatory asset base (RAB).

It transports and dispatches natural gas by Snam Rete Gas S.p.A., regasifies liquefied natural gas by GNL Italia S.p.A., stores natural gas by Stogit S.p.A. and distributes natural gas by Italgas S.p.A..

Snam Rete Gas has been listed on the Milan stock exchange since 2001. The objective of Snam Rete Gas is the creation of value for its shareholders and the community, while protecting the environment and respecting the social communities in which the company operates.

Snam Rete Gas will invest € 64 billion in the 2010-2013 four-year period, geared towards developing the gas system in Italy and sustaining and increasing the company’s opportunities for growth in the medium and long term. It is a vast project requiring specially-developed technologies for safety, the environment and sustainability.

Source: snamretegas ,February 25, 2011; Image: saipem