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.

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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

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While cities spend fortunes patching potholes and tons of plastic become waste, the Netherlands transforms over 218,000 recycled cups into a modular bike path that can conceal drainage, cables, and pipes.

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