Saipem SPA has added to multibillion-dollar construct contracts it gained this month with one other job from Saudi Arabian Oil Co. (Aramco) for the Marjan oilfield.
The Italian power engineering firm has now bagged 4 contracts this month, involving jobs in Saudi Arabia and Qatar value a complete of about $7 billion.
Within the newest award from state-owned Aramco, value round $2 billion, “Saipem’s scope of labor includes the engineering, procurement, building and set up of wellhead platforms’ topsides, wellhead platforms’ jackets, tie-in platform jacket and topside, inflexible flowlines, submarine composite cables and fiber optic cables”, it stated in a press launch.
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“The fabrication actions might be executed on the Saudi fabrication yard Saipem Taqa Al-Rushaid Fabricators Co. Ltd., situated in Dammam, additional enhancing the native content material and creating the capabilities of the native trade”, Saipem added.
Two extra of the contracts that Saipem inked this month additionally got here from Aramco, value a mixed $1 billion roughly with one additionally involving Marjan. Saipem holds a long-term settlement with Aramco for the sphere.
The manufacturing Marjan discipline is a part of the four-field Marjan Complicated within the kingdom’s east coast. It lies partly in Iran, although many of the reserves are situated in Saudi Arabia, in response to Wooden Mackenzie.
Aramco goals to boost the Marjan discipline manufacturing by 300,000 barrels of oil a day, in addition to allow it to course of 2.5 billion cubic ft of gasoline per day and produce an extra 360,000 barrels per day of C2+NGL, in response to a press launch by Aramco July 9, 2019.
“Saipem’s scope of labor underneath the primary contract includes the engineering, procurement, building, and set up (EPCI) of three manufacturing deck modules (PDMs), 33 kilometers [20.5 miles] of subsea inflexible pipelines with diameters of 12 inches and 16 inches, and 34 kilometers [21.1 miles] of subsea energy cables”, it stated September 3, 2024. “The infrastructures might be put in within the Marjan oil and gasoline discipline.
“The second contract includes the EPCI of three jackets, 5 PDMs, 22 kilometers [13.7 miles] of subsea inflexible pipelines with a diameter of 16 inches, 5 kilometers [3.1 miles] of subsea versatile pipelines, and 35 kilometers [21.7 miles] of subsea energy cables. The infrastructures might be put in within the Zuluf and Safaniyah oil fields”.
Saipem will use its Dammam fabrication yard, whereas for the offshore element, it is going to deploy building vessels already within the area.
In Qatar, Saipem gained one other job for the North Discipline, valued roughly $4 billion and overlaying the mixed pure gasoline compression tasks COMP3A and COMP3B. “Saipem’s scope of labor encompasses the engineering, procurement, fabrication and set up of six platforms in addition to roughly 100 kilometers [62.1 miles] of corrosion resistance alloy inflexible subsea pipelines of 28’’ and 24’’ diameter, 100 kilometers of subsea composite cables, 150 kilometers [93.2 miles] of fiber optic cables and a number of other different subsea services”, it stated September 15.
“This necessary contract follows the EPC bundle for the North Discipline Manufacturing Sustainability Offshore Compression Complexes Challenge, awarded to Saipem in October 2022 and presently being executed”.
QatarEnergy is additional creating the North Discipline to extend the Gulf state’s gasoline manufacturing from 77 million tons every year (MMtpa) to 142 MMtpa by 2030. Based on a QatarEnergy report February 25, 2024, Qatar’s recognized gasoline reserves have risen to over 2,000 trillion cubic ft after latest drilling confirmed additional sources within the discipline. Found 1971, the North Discipline is the most important gasoline discipline on this planet spanning 2.3 sq. miles or about half of Qatar’s land space, in response to QatarEnergy.
The corporate introduced the beginning of building of the North Discipline east and south enlargement tasks October 3, 2023. On February 25, 2024, QatarEnergy introduced a 3rd LNG enlargement challenge within the North Discipline.
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