Saipem and Eni have signed contracts worth 800 million euros
The Italian company Saipem has signed two major contracts with Eni for the implementation of an underwater project off the coast of Côte d’Ivoire and the construction of a facility in Italy. These projects will significantly increase oil and gas production, as well as expand biofuel manufacturing.
Petrus
The Italian company Saipem has signed two contracts with Eni totaling 800 million euros (912 million dollars) for the implementation of a subsea project at the Baleine Phase 3 field off the coast of Côte d’Ivoire, as well as for the construction of an onshore facility in Italy.
In May, a final investment decision was made for the Baleine Phase 3 project. The implementation of this phase will allow oil production at the field to increase from 60,000 to 150,000 barrels per day, and natural gas production from 80 to 200 million cubic feet per day. The field is located at depths of up to 1,300 meters.
Saipem confirmed the receipt of the contracts and announced that the work on the Baleine Phase 3 project includes the design, manufacturing, transportation, and installation of about 50 kilometers of rigid pipelines and associated subsea structures. The scope also covers the transportation and installation of flexible risers, jumpers, subsea production systems, a three-kilometer flexible gas export pipeline, and 22 kilometers of subsea control cables (umbilicals). The project is expected to last approximately three years and will involve the use of the FDS and Shen Da construction vessels.
Eni has already selected other key contractors for Baleine Phase 3. SLB OneSubsea has been awarded the contract for engineering, procurement, and construction (EPC); Altera Infrastructure will handle the construction of a new floating production storage and offloading vessel; and TechnipFMC will build flexible pipelines and risers. SLB OneSubsea, a joint venture of SLB, Aker Solutions, and Subsea7, will construct subsea production systems for 13 wells connected to Baleine Phase 3. The work will include subsea trees, control cables, manifolds, multiphase flowmeters, and control systems.
Additionally, Saipem has received an EPC contract from Eni’s subsidiary Enilive for the construction of a new oxygen removal unit at the biorefinery in Porto Marghera, Venice. The new unit, designed to process 70 tons of biogenic feedstock per hour, will increase the production capacity of HVO biofuel (hydrotreated vegetable oil).