Saipem awarded $1 billion contract in Libya
10 August 2023
Saipem has been awarded a new contract by Mellitah Oil & Gas B.V. Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa, for the development of the Bouri Gas Utilisation Project (BGUP), worth approximately 1 billion USD.
Saipem will undertake revamping of the platforms and of the facilities of the Bouri gas field, which lies in water depths between 145 m and 183 m, offshore the Libyan coast. The contract entails the engineering, procurement, construction, installation and commissioning (EPCIC) of an approximately 5,000-ton Gas Recovery Module (GRM), onto the existing DP4 offshore facility, together with the laying of 28 km of pipelines connecting the DP3, DP4 and Sabratha platforms.
The main lifting operations will be executed by the semi-submersible crane vessel Saipem 7000. With this award, Saipem confirms its commitment and competitive positioning offshore Libya. The completion of the project will make an important contribution to reducing CO2 emissions in Libya.
Related
-
Nextracker to supply solar tracker solutions for 1.5GW projects in Brazil
15 August 2025
-
Local firm submits lowest bid for $1.7bn Kuwait power project
14 August 2025
-
Strabag to turn former Polish coal mine into tech hub
14 August 2025
-
Porr wins two Polish rail contracts worth €532m
14 August 2025
-
Iraq to build 20 new cities near Baghdad
14 August 2025
-
Foster + Partners designs luxury mall for Istanbul
13 August 2025