Saipem has been authorized by ExxonMobil Guyana Limited to proceed with the engineering, procurement, construction, and installation (EPCI) activities for the Hammerhead oil field development, located in the Stabroek block off Guyana at a depth of approximately 1,000 meters. The contract is valued at around $500 million USD.
Earlier, on April 2, 2025, Saipem announced the…
McDermott has secured a significant offshore subsea contract from PTTEP Sabah Oil Limited (PTTEP) for the Block H gas field expansion project offshore Sabah, East Malaysia, covering the Alum, Bemban, and Permai deepwater fields.
The scope includes engineering, procurement, construction, and installation (EPCI) of a carbon steel pipeline, along with the transportation and installation of…
Saipem has been awarded a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development in Turkey, valued at approximately USD 1.5 billion.
Sakarya, the largest offshore natural gas discovery in Turkey, lies around 170 km off the coast of Filyos, Zonguldak. Phase 3 of the development will…
Subsea7 has announced the award of a major project under its long-term agreement (LTA) with Aramco for facilities located offshore Saudi Arabia.
The scope covers the engineering, procurement, construction, and installation (EPCI) of 106 kilometres of infield and export pipelines, modifications to existing topsides, and associated hook-up activities. Project management and engineering will commence immediately…