Saipem awarded EPC contract by QatarEnergy
Published by Isabel Stagg,
Editorial Assistant
Oilfield Technology,
Italian energy engineering company Saipem has secured an offshore engineering, procurement and construction (EPC) contract from QatarEnergy, worth approximately US$4 billion (€3.6 billion), reports GlobalData.
The contract is part of the North Field Production Sustainability Offshore Compression Programme, which is designed to maintain the output of the North Field, an offshore natural gas reservoir off the north-east coast of Qatar.
Saipem's scope of work encompasses the engineering, procurement, fabrication and installation of six platforms, as well as roughly 100 km of corrosion-resistant alloy rigid subsea pipelines 28 in. and 24 in. in diameter.
The contract also covers 100 km of subsea composite cables, 150 km of fibre-optic cables and various other subsea facilities.
It follows the EPC package for the North Field Production Sustainability Offshore Compression Complexes Project – COMP 2, awarded to Saipem in October 2022 and currently in progress.
Last week, Saipem announced the award of two contracts from state-owned Saudi Aramco, with a total value of around US$1 billion.
These contracts are for the Zuluf, Safaniyah and Marjan offshore fields.
For the Marjan field, Saipem's contract includes the engineering, procurement, construction and installation (EPCI) of three production deck modules (PDMs), 33 km of subsea rigid pipelines and 34 km of subsea power cables.
The pipelines will have diameters of 12 in. and 16 in.
The second contract for Zuluf and Safaniyah oil fields involves the EPCI of three jackets, five PDMs, 22 km of 16 in. diameter subsea rigid pipelines, 5 km of subsea flexible pipelines and 35 km of subsea power cables.
In July, Saipem expanded its portfolio by securing a contract to provide supervision and subsea intervention services for the GreenStream pipeline, which connects the Mellitah terminal in Libya to Gela in Italy.
The agreement with GreenStream, a midstream company in the Mediterranean Sea, continues a partnership that began in 2008 encompassing asset integrity, inspection, maintenance and emergency services, and that now includes a broader range of customer needs.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/17092024/saipem-awarded-epc-contract-by-qatarenergy/
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