Saipem secures contracts worth €850mn

Italian oilfield services provider Saipem has been awarded two new contracts for offshore activities in Côte d'Ivoire and Italy for an overall amount of €850mn, the company announced on September 9. 

The first contract has been awarded to Saipem by Eni and its partner Petroci. It is a subsea umbilicals, risers and flowlines (SURF) contract for the development of the Baleine Phase 2 project. The Baleine field is located offshore Côte d'Ivoire at a water depth of 1,200 m.

The scope of work for the SURF contract includes the engineering, procurement, construction, and installation (EPCI) of approximately 20 km of rigid lines, 10 km of flexible risers and jumpers, and 15 km of umbilicals connected to a dedicated floating unit. The installation works will be carried out by offshore construction vessels and will take place in 2024.

The second contract has been awarded to Saipem, through a temporary association of companies with Rosetti Marino and Micoperi, by Snam Rete Gas for the construction of the facilities for the new floating storage and regasification unit (FSRU) to be located in the Adriatic Sea offshore Ravenna, Italy.

The FSRU project consists of the EPCI of a new offshore facility, linked to the existing one, for the docking and mooring of the FSRU. The FSRU will be connected to shore via an offshore pipeline 8.5 km in length, plus a 2.6-km onshore pipeline and a parallel fiber optic cable.

The new FSRU will enable an increase in Italy's LNG import capacity, thus improving the country's energy security thanks to the diversification of gas sources, Saipem said.