Italy’s Saipem SPA has secured two offshore contracts in Saudi Arabia underneath its present long-term settlement with Saudi Arabian Oil Co. (Aramco).
The general worth of the 2 contracts is roughly $1 billion, Saipem stated in a information launch.
Beneath the primary contract, Saipem’s scope of labor includes the engineering, procurement, development, and set up (EPCI) of three manufacturing deck modules (PDMs), 20.5 miles (33 kilometers) of subsea inflexible pipelines with diameters of 12 inches and 16 inches, and 21.1 miles (34 kilometers) of subsea energy cables, in keeping with the discharge. The infrastructure shall be put in within the Aramco-owned and operated Marjan oil and gasoline area, positioned within the Arabian Gulf off the jap coast of Saudi Arabia.
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Additional, the second contract includes the EPCI of three jackets, 5 PDMs, 13.7 miles (22 kilometers) of subsea inflexible pipelines with a diameter of 16 inches, 3.1 miles (5 kilometers) of subsea versatile pipelines, and 21.7 miles (35 kilometers) of subsea energy cables. The infrastructure shall be put in within the Zuluf and Safaniyah oil fields.
For the offshore part of the 2 tasks, Saipem stated it plans to deploy its development vessels which might be working within the area.
The fabrication associated to the tasks shall be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Ltd., aiming to extend and develop the capabilities of native business, the corporate added.
Nuclear Expertise Collaboration
In the meantime, Saipem and newcleo have signed a collaboration settlement to establish options for the offshore software of newcleo’s know-how to supply nuclear vitality.
The target of the settlement is to check the applying of newcleo’s Small Modular Lead-cooled Quick Reactor (SM-LFR) know-how to supply zero-emission electrical energy and course of warmth to grease and gasoline offshore installations, thereby bettering their sustainability efficiency, Saipem stated in a separate information launch.
Saipem famous that the settlement additionally permits for the potential of extending the usage of newcleo’s know-how to supply zero-emission electrical energy via floating nuclear models, linked to the electrical energy grid on land or to different customers.
Saipem CEO Alessandro Puliti stated, “The manufacturing of zero-emission vitality via floating offshore vegetation outfitted with new era compact reactors may characterize a brand new frontier within the vitality transition. With this collaboration settlement, we leverage Saipem’s distinct expertise within the offshore sector in addition to our means to deliver innovation to the world of vitality infrastructure, to discover new options that may speed up the trail in the direction of decarbonization”.
Stefano Buono, newcleo CEO stated, “Saipem is a worldwide chief within the engineering and development of huge tasks within the vitality and infrastructure sectors, each offshore and onshore, and is a perfect companion for newcleo, which goals to collaborate with the primary gamers within the vitality world to advertise technological innovation for a sustainable future. Our subsequent era reactor know-how is not going to solely scale back the environmental impression of offshore oil and gasoline operations bettering vitality effectivity and selling long-term sustainability, but additionally design offshore energy vegetation that may present decarbonized electrical energy onshore, wherever on this planet. That is the primary settlement between two European firms for the offshore software of our sustainable nuclear know-how and we’re honored to work with such a acknowledged companion. We imagine that this synergy can revolutionize the business, contributing in a concrete and significant strategy to the decarbonization of the sector and to the worldwide vitality transition”.
To contact the creator, e mail rocky.teodoro@rigzone.com
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