Saipem awarded subsea construction work for Whiptail, Raia

Nov. 29, 2023
Saipem has secured two contracts for major deepwater projects offshore Guyana and Brazil, with a combined valued of about $1.9 billion.

Offshore staff

MILAN, Italy — Saipem has secured two contracts for major deepwater projects offshore Guyana and Brazil, with a combined valued of about $1.9 billion.

ExxonMobil Guyana has asked the company to design, fabricate and install subsea structures, risers, flowlines and umbilicals for the Whiptail oilfield development in the Stabroek Block offshore Guyana, in about 2,000 m water depth.

Saipem will deploy the FDS2, Constellation and Castorone vessels for the offshore installations, and it perform fabrication at its offshore construction facility close to Georgetown.

Pending approvals from the government for the development and FID by the partners, Saipem will focus for the time being on detailed engineering and procurement.

Equinor has contracted the company to provide pipeline services for its presalt gas/condensate Raia Field development in the Campos Basin, 200 km offshore Rio de Janeiro.

The work scope covers transportation and installation of the subsea gas export line and associated equipment in water depths of about 2,900 m and horizontal drilling for the shore approach. Castorone will perform the installation.

Raia’s gas will be transported through pipelines to a new reception facility at Cabiúnas, Macaé.

11.29.2023