Saipem secures $350-million deal from Qatargas

Saipem has secured an extra USD 350 million in contract options extending its USD 1.7-billion deal to provide EPCI for Qatar’s giant North Field Expansion project, the Italian EPC major said on Tuesday.

The new work scope, awarded by North Field operator Qatargas, will see the company undertake the diversion from a trunkline and preliminary works associated with a future additional compression project.

The original contract – awarded in February – covers offshore gas production and transportation facilities including platforms, supporting and connecting structures, subsea cables and anticorrosion internally cladded pipelines, as well as the decommissioning of a pipeline and various other modifications.

Pipe-lay operations will be undertaken using the Saipem-operated DE HE vessel.

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