Italian EPC giant Saipem has been awarded two offshore contracts worth $900 million, the company announced on Friday.
The first contract has been awarded by TotalEnergies, for the LAPA Southwest (LAPA SW) Development Project, a deepwater oil field in the Santos Basin offshore Brazil.
The scope of work encompasses the Engineering, Procurement, Construction, and Installation (EPCI) of Subsea Umbilicals, Risers, Flowlines (SURF) as well as a Subsea Production System (SPS).
LAPA SW Development Project is the first ever integrated SURF and SPS project awarded by TotalEnergies.
The second contract has been awarded to Saipem by Equinor for the Irpa Pipeline project. The project, located in deep waters in the Norwegian Sea, consists of the installation of 80-kms-long pipeline connecting the subsea production template of Irpa field to the existing Aasta Hansteen platform.
The offshore operations are planned to take place in 2025 and will be performed by Saipem’s flagship vessel Castorone.