Ranhill Worley Scores $50M Engineering Design Contract with Saipem

Wednesday, April 26, 2023

Ranhill Worley has secured a $50 million contract with Saipem's subsidiary Servizi Energia Italia to perform detailed engineering design for two compression complexes associated with the North Field Production Sustainability (“NFPS”) Offshore Compression Complexes Project in Qatar.

The North Field in Qatar is the world’s largest offshore gas field. 

The NFPS contract awarded to Saipem by Qatargas in October 2022 is the largest single offshore contract by total value in Saipem's history, being valued at $4.5 billion at the time of the award.

Saipem is responsible for the engineering, procurement, fabrication, and installation of two offshore natural gas compression complexes aimed at sustaining the production of the North Field, including two of the largest fixed steel jacket compression platforms ever built, flare platforms, interconnecting bridges, living quarters and interface modules.

The activities awarded to Ranhill Worley are expected to be completed by the third quarter of 2024.


  

Categories: Middle East Engineering Activity

Related Stories

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

Israel Orders Restart of Ops at Karish Offshore Gas Platform

France Leads 15-Country Effort to Reopen Strait of Hormuz

Oil Shoots Over $110 as Trump's Iran Deadline Looms

India Resumes Iranian Oil Imports After Seven-Year Hiatus

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Big Oil to Look Beyond Middle East as War Raises Risks

Arabian Drilling Flags Temporary Offshore Rig Suspensions in Persian Gulf

Oil Falls on Middle East Ceasefire Hopes, Easing Supply Fears

Current News

Strike Threat Grows at Ichthys LNG after Workers Reject Deal

Pertamina Unit to Operate Indonesia’s Lavender Block under 30-Year PSC

MidEast Energy Output Recovery to Take Two Years, IEA Says

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

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

Toyo, OneSubsea Form Subsea CCS Partnership

Japan to Launch $10B Fund to Help Asia Secure Oil

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Philippines Seeks US Extension to Buy Russian Oil

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