Italian oil and gas service provider Saipem has secured offshore engineering and construction (E&C) contracts worth $400m in Azerbaijan, the North Sea and the Republic of Congo.
Image: Saipem secures offshore E&C contracts worth $400m. Photo: courtesy of QR9iudjz0/Freeimages.com
A consortium of Saipem’s subsidiary, Saipem Contracting Netherlands, Boshelf and STAR GULF FZCO, has been awarded a SURF contract by Total for the development of the Absheron field in Azerbaijan.
Located under the Caspian Sea, the Absheron field is operated by JOCAP, a joint venture between TOTAL E&P Absheron with 50% stake and SOCAR Absheron holding the remaining stake.
Under the contract, Saipem will be responsible for engineering, procurement, fabrication and offshore installation, assistance to commissioning and performance testing of a 12incg single production flowline and its Flowline End Termination structure (FLET), and of a main umbilical, both being approximately 34km in length.
Saipem has also a received a contract from Humberside Gathering System for pipeline engineering, procurement, construction and installation (EPCI) works in relation to the development of the Tolmount Main gas field, located in the Southern North Sea.
Saipem’s E&C offshore division chief operating officer Stefano Porcari said: “These new offshore contracts confirm Saipem’s success in achieving its strategy aimed at consolidating its leadership in traditional markets, such as SURF, Conventional and Pipelines, as well as at diversifying its business in Non-Oil Capex segments, such the Modifications Maintenance Operations market.
“The SURF contract, in particular, confirms the importance of Azerbaijan, where we have been working with continuity for several years, bringing our expertise to create an enduring and fruitful relationship in the country as well as contributing and consolidating our local content endeavour”.
In the Republic of Congo, Saipem, through its subsidiary Boscongo, has secured a modification, maintenance and operations (MMO) contract from Eni Congo.
Under the contract, the company will provide maintenance services, modifications and improvements on all Eni Congo offshore sites in the country over a period of 36 months.
The scope of work includes on-site maintenance activities, such as troubleshooting, planned and unplanned maintenance as well as the supply of spare parts, materials and workshop activities at Boscongo yard (Pointe Noire).