Saipem Bags $1.7B Deal to Build Offshore Facilities for Qatar's North Field

Monday, February 22, 2021

Italian offshore energy services contractor Saipem has received from Qatargas a letter of award for the development of the North Field Production Sustainability Offshore Project, located offshore of the North-East coast of Qatar peninsula. The contract is worth approximately $1.7 billion.

The scope of work covers the engineering, procurement, construction, and installation of various offshore facilities for the extraction and transportation of natural gas, including platforms, supporting and connecting structures, subsea cables, and anticorrosion internally cladded pipelines. 

Furthermore, the project includes the decommissioning of a pipeline and other significant modifications to existing offshore facilities.

Pipe-laying and lifting operations will be executed by the DE HE vessel in water depths of approximately 65 meters, leveraging on Saipem’s high-end welding technology for corrosion-resistant cladding pipelines to meet the client’s stringent quality requirements.

The project aims at increasing the early gas field production capacity to 110 million tonnes per annum, Saipem said.

Saipem is already executing the WHP12N Jacket project, awarded in July 2020, which is part of the North Field Production Sustainability Offshore Project development. 

LoI for export pipelines

In addition to this award and still in the frame of the overall North Field Production Sustainability Offshore Project development program, Saipem also said it has received from Qatargas a Letter of Intent for the contractual package regarding offshore export pipelines and related onshore works of the North Field Production Sustainability Pipelines Project. The award of this additional package is subject to the definition of contractual details and the client’s final approval.

Categories: Middle East Energy Industry News Activity

Related Stories

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

ABL Secures Rig Moving Assignment with India's ONGC

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Shell’s Brazil-Bound FPSO Starts Taking Shape

SBM Offshore, SLB to Optimize FPSO Performance Using AI

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Chinese Contractor Secures Offshore Oil and Gas ‘Mega Deal’ from QatarEnergy

ADNOC Signs Long-Term LNG Deal with Hindustan Petroleum Corporation

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Current News

Sponsored: UAE Breaks Ground on World First Gigascale Renewable Energy Project

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

RINA Wins FEED Contract for Petronas’ Flagship CCS Project in Malaysia

ABL Secures Rig Moving Assignment with India's ONGC

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