Fossil Energy – Bonga North
Saipem, in consortium with KOA Oil & Gas and AVEON Offshore, has been awarded a new offshore contract by Shell Nigeria Exploration and Production Company for the Bonga North Project.
The contract is relevant to developing a deepwater oil field, 130 km off the coast of Nigeria.
The overall value of the contract is about 1 billion USD and Saipem’s share amounts to approximately 900 million USD.
The project is related to the tieback of wells to the existing FPSO. Saipem’s scope of work encompasses the Engineering, Procurement, Construction and Installation (EPCI) of risers, flowlines, subsea umbilicals, and associated subsea structures.
Design and fabrication activities will be carried out locally, also involving Nigerian suppliers and subcontractors.
