Saipem reels in $1.1bn worth of offshore work

摘要

ITALY'S Saipem has been awarded new offshore contacts in Australia and Guyana worth a combined US$1.1 billion. Saipem has landed a contract on ExxonMobil's Yellowtail project off the coast of Guyana, covering engineering, procurement, construction and installation of subsea umbilicals, risers and flowlines. The greenfield Yellowtail development lies in the Stabroek Block, and will see the US super-major drill between 41 and 67 development wells linked to a newbuild floating production, storage and offloading vessel. The development will encompass six drilling centres, each equipped with separate oil production, water injection and gas injection wells linked to the spread-moored FPSO, to be situated at water depths between 1700 and 1900 metres.