SEATTLE (Oil Monster): Oilfield Services Company, Saipem, announced that it has been awarded three new offshore contracts and two competitive FEED contracts totalling approximately 650 million USD.
The first contract, assigned by Azule Energy, is towards full field development project for Agogo- a deepwater greenfield development, approximately 180 kilometres offshore Angola. The second contract, awarded by EnQuest, is towards decommissioning of existing infrastructures in the Heather oil field, located in the UK sector of the North Sea, around 460 kilometres northeast of Aberdeen. The third is the offshore EPCI contract awarded under the Aramco LTA program in Saudi Arabia.
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In addition, the company has also been awarded two Front-End Engineering Design (FEED) Competition contracts for gas development projects. The first, awarded by Shell Trinidad & Tobago Ltd. is towards the development of the Manatee natural gas field. The second partnership contract, assigned by PAPUA LNG Development Pte. Ltd. pertains to the development of the upstream facilities to feed the natural gas PAPUA LNG project, said the company press release.
The above new contracts will further consolidate Saipem’s offshore business and geographical presence.
| Forozan Blend | 75.61 | |
| Iran Heavy | 75.71 | |
| Iran Light | 77.66 | |
| Forozan Blend | 60.27 | |
| Iran Heavy | 60.12 | |
