Home » Saipem, contracts worth 1.1 billion

Saipem, contracts worth 1.1 billion

by admin

2022 opens with new orders for Saipem in the energy infrastructure. The Italian company has been awarded two offshore contracts in Australia and Guyana, for a total value of 1.1 billion US dollars.

As regards the first contract, Saipem received from Woodside, as operator in the name and on behalf of Scarborough Joint Venture, the Notice to Proceed (NTP) for a contract relating to the Scarborough project. Saipem will complete the installation and lining of the gas pipeline export trunkline that will connect the Scarborough gas field with the corresponding onshore plant.

The field is located in the Carnarvon basin, off the coast of Western Australia and will be developed thanks to new offshore plants connected to a second LNG train (Pluto Train 2) of the existing Pluto LNG onshore plant, through a pipeline of approximately 430 km. (export trunkline) with a diameter of 36 “/ 32”. The development of the field will be one of the lowest-carbon sources globally. Delivery of the first gas shipment is scheduled for 2026.

The second contract was awarded to Saipem by Esso Exploration and Production Guyana Limited (EEPGL), a subsidiary of ExxonMobil, for the development of the Yellowtail project in the Stabroek offshore block off Guyana at a depth of approximately 1,800 meters. The contract concerns the engineering, procurement, construction and installation (EPCI) of subsea umbilical lines, risers & flowlines (SURF). Yellowtail is intended to be a new development project that includes subsea drilling centers (each with its own wells for separate oil production and water and gas injection) connected to a new floating production, storage and discharge (FPSO).

See also  Bags, the rise continues. Enel and Diasorin lead Piazza Affari

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy