Saipem secures $1.7bn Qatar North Field deal
01 March 2021
Saipem, a leading engineering, drilling and construction company, said it has been awarded a $1.7-billion contract by Qatargas for the development of the North Field Production project, located offshore Qatar peninsula.
The scope of work encompasses the engineering, procurement, construction and installation of various offshore facilities for the extraction and transportation of natural gas, including platforms, supporting and connecting structures, subsea cables and anticorrosion internally cladded pipelines, says Saipem.
Furthermore, the project encompasses the decommissioning of a pipeline and other significant modifications to existing offshore facilities.
According to Saipem, the pipe-laying and lifting operations will be executed by the DE HE vessel in water depths of approximately 65 m, leveraging on Saipem’s high-end welding technology for corrosion resistant cladded pipelines to meet the client’s stringent quality requirements.
This new contract, which consolidates the group’s position in Qatar, is the latest of a string of projects awarded to Saipem since its return in the country in 2018 with the Barzan project, nearing completion. Saipem is already executing the WHP12N Jacket project, awarded in July 2020, which is part of the North Field Production Sustainability Offshore Project development.
- Egis wins wastewater treatment works deal
- Kentech to buy oil, gas business of SNC-Lavalin
- Technip Energies JV inks $1bn QP contract
- Saipem secures $1.7bn Qatar North Field deal
- Al Faris starts Iraq operations with new fleet
- News in brief
