Engineering and construction major Saipem has secured two contracts worth a total of $912 million (€850 million) for projects in Ivory Coast and Italy.
Saipem said one of the contracts, awarded by Eni Côte d’Ivoire and its partner Petroci, is a Subsea Umbilicals, Risers and Flowlines (SURF) agreement for the development of the Baleine Phase 2 project. The company said in its statement press release that the project is named after the oil and gas field, located off the coast of Ivory Coast in a water depth of 3,940 feet (1,200 meters).
According to Saipem, the scope of work includes the Engineering, Procurement, Construction and Installation (EPCI) of approximately 12.4 miles (20 km) of rigid lines, 6.2 miles (10 km) of risers and flexible bridges and 9.3 miles (15 km) of umbilicals connected to a dedicated floating unit. Installation work will be carried out by Saipem’s offshore construction vessels and will take place in 2024.
With this new award, Saipem said it makes a further strategic contribution to the history of the Baleine field and strengthens its presence in Côte d’Ivoire. Saipem contributed to Baleine Phase 1 drilling activities by deploying the vessels Saipem 10000 and Saipem 12000, followed by the execution of two contracts for Baleine Phase 1 in fast-track mode.
The company has informed that the second contract has been awarded to Saipem, through a temporary partnership of companies with Rosetti Marino and Micoperi, by Snam Rete Gas for the construction of the facilities of the new Floating Storage Unit and Regasification (FSRU) to be located in the Adriatic Sea off the coast of Ravenna, Italy.
The project consists of the Engineering, Procurement, Construction and Installation (EPCI) of a new offshore facility, linked to the existing one, for the docking and mooring of the FSRU, which will be connected to the coast via a 26” offshore pipeline 5.2 miles (8.5 km) long, plus a 1.6 mile (2.6 km) onshore pipeline and a parallel fiber optic cable. The coastal crossing will use a system of microtunnels to minimize environmental impacts. Offshore operations will be run on Saipem’s Castoro 10 barge, the company said.
The new FSRU will increase Italy’s LNG import capacity, thus improving the country’s energy security thanks to the diversification of gas sources, Saipem said.
The two new deals follow those Saipem secured last month, one for Eni Congo and the other for BP, for a total value of around $700 million. The first is to convert the semi-submersible drilling unit Scarabeo 5 into a separation and propulsion plant (Floating Production Unit – FPU), Saipem said at the time.
The second contract, awarded by BP, is for offshore activities in the Gulf of Mexico. The contract relates to Argos’ Floating Production Unit (FPU) located in the Green Canyon 780 block, in a water depth of approximately 4,590 feet (1,400 meters).
Saipem Constellation will carry out the marine activities required for the project, which will be managed by Saipem’s execution center in Houston, a strategic hub for the company’s activities in the region, the company said.
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