Saipem, a global oilfield services company, has received from Qatargas the confirmation of the exercise of two options for additional scope of work worth $350 million within the North Field Production Sustainability Offshore Project (EPCO package).
The additional scope of work of the two options is related to rerouting of the hydrocarbons from existing wellhead platform through the new facilities, due to existing pipeline being decommissioned.
The activities to be carried out comprise the construction of two additional riser platforms, two additional connecting bridges with existing wellhead platforms, two corrosion resistant carbon steel cladded intra-field pipelines with a length of 13 km overall and decommissioning of existing pipeline.
Works associated with the exercise of the options will be fully integrated with the project activities of two contract awards announced earlier this year, the North Field Production Sustainability Offshore and the North Field Production Sustainability Pipeline, which are both part of the strategic development of the North Field production plateau.
Saipem is already working actively on project engineering and site preparation activities and it’s looking forward to progress further, by leveraging its competences, assets and technology, a company statement said. – TradeArabia News Service