Italian oilfield services provider Saipem has received a letter of award from Qatargas for the development of the North Field Production Sustainability Offshore Project, located offshore Qatar, worth approximately $1.7 billion.
The scope of work encompasses the Engineering, Procurement, Construction and Installation of various offshore facilities for the extraction and transportation of natural gas, including platforms, supporting and connecting structures, subsea cables and anticorrosion internally cladded pipelines, Saipem said on Monday.
Furthermore, the project encompasses the decommissioning of a pipeline and other significant modifications to existing offshore facilities.
Pipe-laying and lifting operations will be executed by the DE HE vessel in water depths of approximately 65 meters, leveraging Saipem’s welding technology for corrosion-resistant cladded pipelines.
The project aims at increasing the early gas field production capacity to 110 million tonnes per annum.
In addition to this award and still in the frame of the overall North Field Production Sustainability Offshore Project development program, Saipem has received from Qatargas a Letter of Intent for the contractual package regarding offshore export pipelines and related onshore works of the North Field Production Sustainability Pipelines Project.
The award of this additional package is subject to the definition of contractual details and the client’s final approval.