Trans Adriatic Pipeline AG, a joint venture between BP PLC, the State Oil Co. of Azerbaijan Republic (SOCAR), Snam SPA, Fluxys SA, Enagas SA, and Axpo Holding AG, awarded Saipem a pipelay contract for the 105-km offshore section of the Trans Adriatic Pipeline (TAP) natural gas transport system. The engineering, procurement, construction, and installation (EPCI) contract involves installation of a gas pipeline between Albania and Italy, across the Adriatic Sea.
Source: News