Italian oilfield services provider Saipem has secured two new contracts worth €850m ($910.6m) in Italy and Côte d’Ivoire (Ivory Coast).

The first contract, which has been awarded by Eni Côte d’Ivoire and its partner Petroci, is for the Baleine offshore oil and gas field.

Saipem will supply subsea umbilicals, risers and flowlines for the development of the Baleine Phase 2 project.

The scope of the contract includes the engineering, procurement, construction and installation (EPCI) of roughly 20km of rigid lines, 10km of flexible risers and jumpers, and 15km of umbilicals connected to a floating unit.

Saipem’s offshore construction vessels will carry out the installation work in 2024.

The oilfield services provider was also contracted the drilling work for Baleine Phase 1.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The second contract entails building the infrastructure for a new floating storage and regasification unit (FSRU) in the Adriatic Sea off the coast of Ravenna, Italy.

It has been awarded to Saipem by Snam Rete Gas.

The work involves the EPCI of a new offshore facility for the docking and mooring of the FSRU, which is connected to the existing one.

The new facility will be connected to shore by a 26in offshore pipeline measuring 8.5km in length, as well as a 2.6km onshore pipeline and a parallel fibre-optic cable.

Castoro 10, a pipelay barge owned by Saipem, will perform offshore operations and the new FSRU is expected to increase Italy’s capacity to import liquefied natural gas, said Saipem.

Last month, Eni Congo and bp awarded two contracts worth €637m to Saipem.