Saipem, Technip vie for Nord Stream
Russia 
MOSCOW, January 13, 2016 – Italian firm Saipem and France’s Technip are in competition for a tender to build the USD 4-billion expansion to Russia’s Nord Stream gas pipeline, a local business daily reported.
Kommersant named the two companies as in the running on Wednesday, also noting the involvement of Switzerland’s Allseas and Dutch-headquartered Royal IHC.
There had previously been speculation that Saipem, which is 43% owned by Eni, would participate in the tender.
The Gazprom-led consortium for the project has declined to reveal prospective bidders.
Nord Stream 2 is the expansion project for the Nord Stream pipeline, which runs mainly through the Baltic offshore from Russia to Germany.
The project’s scope includes two extensions covering a total of 2,500 km.
On Monday, a Russian government procurement website announced that three smaller tenders related to the expansion had been cancelled.
Read our latest insights on:
Latest news and features
