Saipem nets new deal with Qatargas worth over US$1 billion

Italian oilfield services provider Saipem has received a letter of award from Qatargas for a new contract worth over US$1 billion related to the North Field Production Sustainability Pipelines Project located offshore and onshore the north-east coast of Qatar peninsula.

The additional contract (the EPCL package) entails the Engineering, Procurement, Construction, and Installation (EPCI) of offshore export trunklines and related onshore tie-in works, Saipem explained on the 22^nd March.

The deal is part of the development of the North Field production plateau, which also includes the EPCI of offshore facilities (EPCO package) previously awarded to Saipem in February 2021.

Source: Offshore Energy Today