Saipem has been awarded onshore Drilling and offshore E&C contracts in the Middle East worth approximately 1,250 million USD

Saipem has been awarded several contracts, both onshore and offshore, in the Middle East worth approximately 1,250 million USD.

The first group of contracts concerns the extension of onshore drilling contracts in the Middle East for an overall amount of approximately 600 million USD.

The awards relate to the ten-year extension of existing contracts regarding four land-rigs located in the Middle East. The land rigs, with power ranging from 1,500 to 2,000 HP, will be employed for exploration and production activities in various oil and gas fields, in continuity with operations under execution in the area.

Furthermore, Saipem has been selected to be awarded four new contracts in the Middle East. The scope of work of the contracts encompasses the engineering, procurement, construction and installation of several offshore jackets, decks, subsea pipelines, subsea composite cables, umbilicals, fiber optic cables and brownfield modifications. The combined value of the contracts is approximately 650 million USD.

Source: Saipem

THREE60 Energy has been awarded a contract by Shell UK to provide EPCC services to offshore facilities and onshore plants in the UK

THREE60 Energy has secured this contract as a direct result of a competitive tender process.

This significant contract win will run for an initial period of three years, with further extension options. The award will result in the continued growth of the THREE60 EPCC workforce. 

Alasdair Smith, Managing Director of THREE60 Energy’s EPCC business, said:

“We look forward to working together closely in the years ahead to bring additional value to Shell’s operations. We’re proud that our service offering, built on integrity, ownership, collaboration, and challenge, has been recognised by a global energy organisation such as Shell. We are particularly excited about playing our part in meeting Shell’s climate target of becoming a net-zero emissions energy business.”  

Walter Thain, Group CEO of THREE60 Energy, said:

“We are delighted to have been selected by Shell to provide core integrated engineering, procurement, and construction services across their UK facilities. Shell is an important customer to us, not only in the UK, but also across wider geographies where we support them in subsurface and operational geoscience services. It’s great to see our differentiated and value-adding delivery service given further recognition as we continue to support Shell’s successful transformation in line with the energy transition.”

THREE60 Energy has been delivering multi-discipline EPCC modifications, projects and support services since 2014. In recent months, its EPCC business has also achieved further success with the award of four contract extensions with UK operator customers. These cover a new two-year period with expanded scope. 

Source: THREE60 Energy

wood - Petropipe

Wood secures $100m onshore wind EPC contracts in the United States

Wood, the global engineering and consulting company, has secured a number of engineering, procurement and construction (EPC) onshore wind contracts in the United States worth a combined $100m.

The largest of the recently awarded contracts is the next phase in American Electric Power (AEP) Renewables’ wind farm development in south-central Kansas, where Wood will provide the entire EPC services for the milestone project.  The Flat Ridge 3 wind farm is an extension of the success of Flat Ridge 1 and 2, which combined represent some of the largest wind farms in the US.

The company has also secured an award from Black Hills Energy to support its Corriedale Wind Energy Project in Cheyenne, Wyoming, which marks Wood’s first renewables venture in the mountain states. The utility-scale wind facility will provide the energy resources for Black Hills Energy’s Renewable Ready program, a voluntary subscription program for its commercial and industrial customers and government agencies in South Dakota and Wyoming.

In addition, Wood will deliver four new wind farms in Morrow and Umatilla Counties in Oregon for Orchard Windfarms. The company will be responsible for offloading and constructing the wind turbines, installing the associated collector system and civil and foundation work.

When combined, the projects will see almost 100 turbines installed with a total generating power of 230 megawatts. The projects will require the support of more than 400 people and will take up to 12 months to deliver.

Stephanie Cox, CEO of Wood’s Asset Solutions Americas business, said: “From the Pacific northwest state of Oregon and the western state of Wyoming, to the midwestern states of South Dakota and Kansas, these awards show the positive momentum Wood is generating across the United States in the renewables market.

“We are committed to playing a forward role in achieving a balanced and secure energy supply in the US. As the renewables market continues to grow through rising demand, further investment and shifts in technology, our ambitious, versatile and established EPC offering positions Wood as a partner of choice for existing and new developments.”

Source: Wood

Saipem Makes Deal With Daewoo E&C for Onshore LNG Projects

Italy’s Saipem and South Korea’s Daewoo E&C Co. Ltd have signed a strategic deal for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector.

By combining both companies’ assets and expertise in engineering, procurement and construction of onshore facilities, the two companies will focus on specific prospects with the target of creating efficiency and value to their customers.

The strategic alliance enhances and capitalizes on complementarity and synergies across the whole EPC value chain and establishes a key player capable of delivering superior solutions in global LNG construction.

As we focus on these two companies then Saipem is a leading company in engineering, drilling and construction of major projects in the energy and infrastructure sectors. It is “One-Company” organized in five business divisions (Offshore E&C, Onshore E&C, Offshore Drilling, Onshore Drilling and XSIGHT, dedicated to conceptual design). Whereas Daewoo E&C has been a leader in the construction industry in South Korea since its founding in 1973. Daewoo E&C is recognized as a world-renowned global construction company and aims to be a Global Top 20 by 2025.

Moreover, Daewoo E&C in a joint venture with Saipem has been nominated as a preferred bidder for the EPC of the Nigeria LNG Train 7 last September and Daewoo E&C is proud to demonstrate its meaningful entrance into the LNG engineering sector to the market.
This is a major project of both companies and their aim to achieving the corporate objectives of customers around the world.

Source: https://www.saipem.com/en/projects