Saipem awarded two important contracts offshore Nigeria

abarrelfullabarrelfull wrote on 16 Aug 2012 06:39
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22 October 2002

Saipem, an Eni company, announces the award of two major turnkey contracts offshore Nigeria. The total amount is approximately USD 1 billion.

Contract number 1
The first contract relates to a floating production, storage and offloading (FPSO) vessel for the Erha field. Bouygues Offshore, a Saipem company, has been awarded the contract by Esso Exploration & Production Nigeria Limited.

The contractual scope of work includes: engineering, procurement, construction, towing and commissioning of the FPSO. The FPSO will consist of a 285-meter-long, 63-meter-wide and 32-meter-high hull and 24,000 metric tons of production modules and living quarters. The vessel will have a storage capacity of 2.2 million barrels of oil and an initial production capacity of 165,000 barrels of oil per day.

The FPSO is scheduled to arrive on the Erha field mid- 2005, in line with planned year end start -up. Engineering and procurement services will be performed in France and Nigeria. The hull and production modules will be fabricated in South Korea, Singapore and Nigeria.

Contract number 2
A second contract has been awarded to Saibos, an equally owned joint venture between Saipem and Bouygues Offshore, by Mobil Producing Nigeria Unlimited (MPN) for production facilities to develop the Yoho and Awawa fields.

The contractual scope of work includes: project management, engineering, procurement, construction, transportation and installation, hook up and commissioning of one Production platform, pipeline laying and the other facility installation.

The vessel Castoro Otto will install the platform and lay the pipelines between late 2003 and early 2004, whereas the vessel Saipem 7000 will install the deck during the second half of 2004.The contract is expected to be completed by year-end 2004.

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