Saipem has been awarded a new offshore engineering and construction contract in Azerbaijan worth about $1.8 billion, the company said in a press release. BP awarded a transportation and installation contract on behalf of the Shah Deniz consortium to the Saipem, Bos Shelf and Star Gulf consortium for the Stage 2 development of the Shah Deniz Field.

The field is located 90 km (56 miles) offshore Azerbaijan in water depths of 75 m to 550 m (246 ft to 1,804 ft).

The scope of work of the contract includes the transportation and installation of jackets, topsides, subsea production systems and subsea structures; the laying of more than 360 km (224 miles) of pipeline; diving support services; and the upgrade of the pipelay barge Israfil Huseinov, dive support vessel Tofiq Ismailov and derrick barge Azerbaijan installation vessels.

The project is scheduled to be completed by year-end 2017.