Saipem Bags Additional Offshore Work in Qatar Worth $350M

Tuesday, April 13, 2021

Qatari gas company Qatargas has awarded additional work to Italy's Saipem within the North Field Production Sustainability Offshore Project, following a $1.7 billion contract announced in February.

Qatargas has now exercised two options for additional work under the project, related to rerouting of the hydrocarbons from the existing wellhead platform through the new facilities, due to the existing pipeline being decommissioned. This additional workscope is worth $350 million.

The activities to be carried out comprise the construction of two additional riser platforms, two additional connecting bridges with existing wellhead platforms, two corrosion-resistant carbon steel cladded intra-field pipelines with a length of 13 km overall, and decommissioning of the existing pipeline.

"Works associated with the exercise of the options will be fully integrated with the project activities of two contract awards announced earlier this year, the North Field Production Sustainability Offshore and the North Field Production Sustainability Pipeline, which are both part of the strategic development of the North Field production plateau," Saipem said.

Categories: Energy Middle East Pipelines Industry News Activity Construction Decomissioning

Related Stories

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

United Arab Emirates Exits OPEC and OPEC+

Oil Prices Jump as Ships Come Under Fire in Strait of Hormuz

MidEast Energy Output Recovery to Take Two Years, IEA Says

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Tumbles, Stocks Surge on Middle East Ceasefire

CPC Oil Exports via Black Sea Stable After Attack Reports

Current News

PV Drilling Secures Jack-Up Rig Deal from Zarubezhneft off Vietnam

Longitude to Integrate SynergenOG Following ABL Group Acquisition

Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds

Global Oil Supply to Fall Short of Demand as Iran War Goes On, IEA Says

Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements

Norway O&G Revenue Forecast Jumps 30% for '26

QatarEnergy, TotalEnergies and ConocoPhillips Team Up on Syria Offshore Block

FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

Dolphin Drilling Boosts Backlog with Harbour Energy Deal, Oil India Extension

Oil Prices Edge Higher Amid Uncertainty Over Iran Deal

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