Saipem Wins BP Azerbaijan Job

Friday, October 4, 2019

Saipem, in consortium with Boshelf LLC and STAR GULF FZCO, has recently been awarded three new contracts by BP for the development of the Azeri-Chirag-Gunashli oil and gas (ACG) field offshore Azerbaijan.

Saipem has been a key contractor in this field since the 1990s. Located in the Caspian Sea at approximately 120 kilometers from the coast of Azerbaijan, the field extends over an area of more than 4,000 square kilometers and is one of the largest of its kind in the world.

Specifically, two contracts are for pipeline design, pipelay and related activities, while the third is for transportation and installation of four jacket pin piles, subsea structure and spools.

Saipem’s share of the overall value of the three contracts is approximately $145 million, it said.

Saipem has obtained one of these contracts as a result of the FEED phase awarded by BP to Saipem’s XSIGHT Division, in consortium with local partners Bos Shelf and Star Gulf, which were engaged from an early stage and on a fast track basis. This excellent result has been achieved thanks above all to collaboration between Saipem’s XSIGHT and Offshore E&C Divisions, a synergy that will be maintained to ensure continuity and efficiency to the execution of the EPCI project.

Categories: Contracts Engineering Subsea Pipelines Asia Installation

Related Stories

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

Baker Hughes, Petronas Team Up for Asia-Pacific Energy Resilience

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com