Saipem, in consortium with Offshore Oil Engineering Co. Ltd. (COOEC), has secured an offshore EPCI contract from QatarEnergy LNG for the COMP5 package of the North Field Production Sustainability (NFPS) Offshore Compression Complexes project. The total contract value is approximately USD 4 billion, with Saipem’s share estimated at around USD 3.1 billion.
The NFPS initiative…