Saipem secures E&C offshore contracts

Saipem has won new engineering and construction offshore contracts in Indonesia and in the Republic of Congo, worth approximately USD 520M in all.

In Indonesia, Eni has awarded an EPCI contract for a new built barge Floating Production Unit (FPU) for the Jangkrik Complex Project development to a consortium led by Saipem. The consortium is formed by Hyundai Heavy Industries (HHI) and the joint venture between Saipem, Tripatra Engineers & Constructors and Chiyoda. The total contract value for the project is USD 1.1B. The new build spread-moored FPU will have a treating capacity of 450MMSCFD of gas plus condensates and the scope of work includes engineering, procurement, fabrication of the FPU and the installation of a mooring system as well as hook-up, commissioning and assistance to the start-up.

In the Republic of Congo, Saipem has been awarded a contract by Aker Solutions for the fabrication of subsea structures, including suction anchors, for the Moho project. This project will utilise local fabrication capabilities that Saipem has developed over the years with its Boscongo Yard in Pointe Noire, in line with its proven strategy of maximising local content.

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