Saipem awarded two new contracts

Fossil Energy – Eni Congo and BP

Saipem has been awarded two new contracts, the first by Eni Congo and the other by bp, for a total value of around 700 million USD.

The Eni Congo contract is for the conversion of Scarabeo 5 semisubmersible drilling unit into a separation and boosting plant (Floating Production Unit – FPU).

The FPU is a semisubmersible production platform that receives the production fluids from wellheads riser platforms, separate the gas from liquids and boosts the gas in order to feed the nearby Floating LNG (FLNG) unit.

The contract entails the Engineering, Procurement, Construction, Transportation and Commissioning of the FPU, to be installed offshore the coast of the Republic of Congo, located northwest of the Djeno Terminal, in a depth of about 35 metres.

The commissioning offshore works and the start-up of the FPU are scheduled by the fourth quarter of 2025.

In addition, Saipem has been awarded by bp a contract for offshore activities in the Gulf of Mexico.

The contract is related to the Argos Floating Production Unit (FPU), a cutting-edge facility designed for oil and gas production in deepwater environments. The Argos FPU is located in the Green Canyon Block 780, approximately 1,400 metre water depth.

The flagship vessel Saipem Constellation will carry out the marine activities required for the project.

Original Source: https://ocean-energyresources.com/2023/08/11/saipem-awarded-two-new-contracts/