In a statement sent to Rigzone on Wednesday afternoon, Saipem revealed that it has been awarded two new contracts worth about one billion dollars.
The contracts include an engineering, procurement, construction and installation (EPCI) agreement for offshore activities in the Middle East awarded by Saudi Aramco under an existing long-term agreement (LTA) between the companies, and an agreement for the development of underwater drones. in Brazil with Petrobras, Saipem emphasized.
The scope of work under Aramco’s agreement includes the engineering, procurement, construction and installation of five subsea platforms and associated pipelines, flowlines and cables in the Marjan field, offshore Saudi Arabia, with a manufacturing scheme entirely in the Kingdom, Saipem highlighted. .
The effectiveness of the contract is subject to the fulfillment of the usual suspensive conditions, the company pointed out, adding that, “with this important award, Saipem further strengthens its long relationship with Saudi Aramco and its strategic positioning in the Middle East”.
In the statement, Saipem noted that its contract with Petrobras is for the development and testing of an autonomous underwater inspection robotic solution, as well as the qualification of related autonomous drone-based services.
“This contract marks a fundamental milestone for Saipem’s innovative underwater robotics program and for the global scale use of underwater drones in offshore projects along the entire value chain,” Saipem said in the statement.
“The potential of these subsea technologies within the offshore domain is vast, both for oil and gas developments and the renewables market segment,” the company added.
Earlier this week, in a statement published on its website, Saipem announced that it had been awarded two new offshore drilling contracts totaling approximately $550 million.
One of them was in the Middle East and the other in the Mediterranean, Saipem emphasized in the statement. In the Middle East, Saipem said it had secured ongoing activity at the Perro Negro 7 jack-up drilling unit from the second half of the year by securing a 10-year extension of a existing contract. In the Mediterranean, Saipem noted that it had been awarded a contract for the use of the semi-submersible unit Scarabeo 9 for an estimated period of about six months plus an optional period.
Deals of $3 million or more
In addition to its June deals, Saipem has announced oil and gas deals worth more than $3 billion since the start of the year.
Last month, in a statement published on its website, the company revealed that it had been awarded two offshore contracts, one for an EPCI project in the Black Sea and another for decommissioning activities in the North Sea, which it had a total value of about $850. millions
The first contract was awarded by Turkish Petroleum OTC for the second phase of the Sakarya FEED and EPCI project and involves the engineering, procurement, construction and installation of a 16-inch, 175 km long pipeline , at a depth of 2,200 meters, in the Turkish Black. Seawater, Saipem noted at the time. The other contract was awarded to EnQuest Heather Limited for the decommissioning of the existing Thistle A platform, located in the British sector of the North Sea, approximately 510 km northeast of Aberdeen, in a water depth of 162 meters, Saipem emphasized in this statement.
In April, Saipem announced that Eni SpA had awarded it a two-year contract extension for the use of the Santorini drillship. The contract extension is worth approximately $280 million, Saipem said at the time. Also in April, Saipem revealed that it had been awarded three new offshore contracts and two competitive FEED contracts totaling approximately $650 million.
The first contract was awarded by Azule Energy for the Agogo Full Field Development project, the second was awarded by EnQuest for the decommissioning of existing infrastructure at the Heather oil field, and the third was awarded under the Aramco LTA program in Saudi Arabia, Saipem pointed out. out at that time. Saipem has highlighted that it has been awarded two FEED bids for gas development projects. The first was assigned by Shell Trinidad & Tobago Ltd. and the second by PAPUA LNG Development Pte. Ltd, the company disclosed.
In March, Saipem announced that the Joint Venture Eni Côte d’Ivoire Ltd. and Petroci had been awarded a drilling contract in the Ivory Coast worth $400 million and in January the company announced that it had been awarded two offshore contracts for a total of approximately $900 million.
The first contract was awarded by Total Energies for the LAPA Southwest Development Project (LAPA SW) and the other contract was awarded by Equinor for the Irpa pipeline project, Saipem explained at the time.
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