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

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Hormuz Crossings Decline as US Renews Iran Blockade

Oil Rises 2% as Middle East Hostilities Escalate

Current News

MODEC, Eld Energy Advance Fuel Cell Power for FPSOs

Santos Expands LNG Portfolio with Asia, Canada Deals

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Greater Sunrise Gas Production Pushed Back to 2034

SED Energy Holdings and Ventura Offshore Set to Combine Ops

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Petronas Awards Estuary Cluster PSC to Harvester Energy

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