Italy’s engineering giant Saipem has won sizeable offshore contracts from TotalEnergies and Equinor, with the two jobs together valued up to $900 million.
Saipem on Friday confirmed the awards and said the first contract has been awarded in a partnership with Aker Solutions for the Lapa Southwest (Lapa SW) development project, a deep-water oilfield in the Santos Basin, offshore Brazil.
“The scope of work encompasses the engineering, procurement, construction and installation of subsea umbilicals, risers, flowlines as well as a subsea production system,” Saipem noted.
The contractor added the “Lapa SW development project is the first-ever integrated Surf and SPS project awarded by TotalEnergies”.
The Italian player said it “will maximise the local content by making use of its Guaruja CTCO (Centro de Tecnologia e Construcao Offshore) yard for logistics activities, and Quad Joints Fabrication for some other manufacturing activities.
The second job has been awarded by Equinor for its Irpa Pipeline project, Saipem said.
“The project, located in deep waters in the Norwegian Sea, consists of the installation of [an] 80 kilometres long swagged pipe-in-pipe pipeline connecting the subsea production template of [the] Irpa field to the existing Aasta Hansteen platform,” it said.
Saipem said the offshore operations in the Norwegian Sea are planned to take place in 2025 and will be performed by its “flagship vessel” Castorone.