Saipem Adds Over $900 Million in New Contracts in the Oil and Natural Gas Market in Brazil and Norway

Written by Ruth Rodrigues

Published on 22/01/2023 at 22:56

Foto: Saipem

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The Company Has Two New Contracts in Brazil and Norway to Offer Its Services in the Oil and Natural Gas Sector. Saipem Has Raised Over US$ 900 Million in the Market with the New Partnerships Signed.

Aiming for the growth of its operations in the Global Market, Saipem has two new contracts signed. One of the contracts was signed with TotalEnergies in partnership with Aker Solutions from Brazil, while the second was closed with Equinor for the Irpa Pipeline project in Norway. Both contracts ensure the company more than US$ 900 million in the oil and natural gas market of the region, expanding the company’s reach.

New Saipem Contracts for Oil and Natural Gas Projects Mark Company Expansion in the International Market

Saipem is a technological and advanced engineering platform for the design, construction, and operation of complex, safe, and sustainable infrastructures and plants.

The company has been increasingly seeking to expand its operations in the international oil and natural gas market.

ARTICLE CONTINUES BELOW

Company Signs New Contract with Equinor for Project in Norway and Aims for the European Oil and Natural Gas Market

In addition to the ongoing contracts in Brazil, Saipem has signed a new agreement for an oil and natural gas project in Norway, targeting the European market.

The contract was closed with Equinor for the Irpa Pipeline project, located in deep waters of the Norwegian sea.

It involves the installation of an 80-kilometer pipe-in-pipe pipeline, connecting the subsea production model of the Irpa field to the existing Aasta Hansteen platform.

The vessel used in the operations will be the Castorone, which will start operating in 2025.

Among the recent contract achievements, it is worth noting that, at the end of 2022, Saipem secured new offshore contracts with a total value of approximately US$ 1.2 billion for work in Guyana and Egypt.

Saipem has been increasingly expanding its operations in the oil and natural gas market worldwide, with significant contracts in the sector.

Saipem Adds Over $900 Million in New Contracts in the Oil and Natural Gas Market in Brazil and Norway

The Company Has Two New Contracts in Brazil and Norway to Offer Its Services in the Oil and Natural Gas Sector. Saipem Has Raised Over US$ 900 Million in the Market with the New Partnerships Signed.

New Saipem Contracts for Oil and Natural Gas Projects Mark Company Expansion in the International Market

Company Signs New Contract with Equinor for Project in Norway and Aims for the European Oil and Natural Gas Market

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Saipem Adds Over $900 Million in New Contracts in the Oil and Natural Gas Market in Brazil and Norway

The Company Has Two New Contracts in Brazil and Norway to Offer Its Services in the Oil and Natural Gas Sector. Saipem Has Raised Over US$ 900 Million in the Market with the New Partnerships Signed.

New Saipem Contracts for Oil and Natural Gas Projects Mark Company Expansion in the International Market

Company Signs New Contract with Equinor for Project in Norway and Aims for the European Oil and Natural Gas Market

Engineers want to carve through Africa with a giant canal to bring water from the world’s second-largest river to a dying lake on the edge of the Sahara Desert that has already lost 90% of its water.

A giant brown band visible from space, approximately 8,850 kilometers long, connected Africa to America in the Atlantic Ocean, and satellites revealed that it is neither land nor pollution, but the largest accumulation of seaweed in the world, which broke records in 2025.

Workers were opening a modern road in Dover when they found, 6 meters below the asphalt, a 3,500-year-old boat made of stitched oak and plant fibers.

In just one cast, fishermen are surprised to capture 14,096 mullets in Bombinhas and close a historic season with 58,000 fish; scene recorded in the Santa Catarina paradise marks the last day of the 2026 season.

Consumers eat six times more chicken than in the 1960s, global meat supply quadruples in 60 years, and FAO report reveals the invisible cost on the plate: livestock could drive 80% of the increase in agricultural emissions over the next decade.

Using high-resolution satellite images, archaeologists rediscovered the Egyptian city of Imet, buried for centuries in the Nile Delta, revealing rare multi-story houses, granaries, and a sacred road linked to the cobra goddess Wadjet, from about 2,400 years ago.

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Antarctica hides the deepest terrestrial abyss on the planet beneath the Denman Glacier, a canyon buried 3,500 meters below sea level that only appears by radar and reveals a colossal geography invisible beneath the polar ice.

The largest treated water reservoir in Latin America, made with double steel technology, is completed in Curitiba, receives an investment of R$ 40 million, and promises to strengthen the supply for 130,000 residents in five neighborhoods of the capital.