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    Saipem bags offshore contracts in Australia, Guyana

Summary

The two new contracts are worth $1.1bn.

by: Shardul Sharma

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Saipem bags offshore contracts in Australia, Guyana

Engineering company Saipem has been awarded two new offshore contracts worth $1.1bn in Australia and Guyana, it said on January 11.

The first contract has been awarded by Woodside and is related to the Scarborough project. Saipem will complete the export trunkline coating and installation of the pipeline that will connect the Scarborough gas field with the onshore plant.

The Scarborough gas resource is located in the Carnarvon basin, offshore Western Australia, and it will be developed through new offshore facilities connected by an approximately 430 km export trunkline to a second LNG train (Pluto Train 2) at the existing Pluto LNG onshore facility.

The work assigned to Saipem is relevant to coating, transportation and installation of the trunkline, at a maximum water depth of 1,400 m, including the fabrication and installation of the line structures and of the pipeline end termination in 950-meter water depth. Offshore operations are planned to start in mid-2023 and will be mainly conducted by the Castorone vessel.

The second contract has been assigned to Saipem by Esso Exploration and Production Guyana, a subsidiary of ExxonMobil, for the Yellowtail development project located in the Stabroek block offshore Guyana at a water depth of around 1,800 m.

The contract relates to the engineering, procurement, construction, and installation of the subsea umbilicals, risers & flowlines.