Saipem has been awarded three new offshore contracts along with two competitive FEED contracts totalling approximately US$650mn.
The first of the contracts was assigned by Azule Energy for the Agogo Full Field Development project – a deepwater greenfield development approximately 180 km offshore Angola. The contract encompasses the Engineering, Procurement, Construction and Installation (EPCI) of rigid Pipe-In-Pipe flow lines with associated subsea structures. Saipem will mobilise its state-of-the-art offshore installation vessel FDS2.
The second contract was awarded by EnQuest for the decommissioning of existing infrastructures in the Heather oil field located in the UK sector of the North Sea, around 460 km northeast of Aberdeen. Saipem will carry out the engineering, preparation, removal and disposal of the upper jacket of the Heather platform, utilising the semisubmersible crane vessel Saipem 7000.
The third contract was issued under the Aramco LTA programme in Saudi Arabia, where Saipem will execute the offshore EPCI of one platform topside and the associated subsea flexible, umbilical and cable system.
Additionally, Saipem has been awarded two Front-End Engineering Design (FEED) Competition contracts for gas developments projects. The first one, assigned by Shell Trinidad & Tobago Ltd., is related to the development of the Manatee natural gas fields. The other contract concerns the development of the upstream facilities to feed the natural gas PAPUA LNG project in Papua New Guinea.
All of the above further consolidates Saipem’s position both geographically and in key segments for the offshore business, in particular in decommissioning where the company boasts an impressive track record.
