Saipem Secures Two Offshore Contracts

New Wind Projects in Scotland, Taiwan

Offshore engineering specialist Saipem has announced two new contract for the development of offshore wind farms in Scotland and Taiwan.

The engineering, procurement and construction deals are valued at a combined €750 million, and include work on the Neart na Gaoithe (NnG) wind farm offshore Scotland and Formosa 2 offshore project in Taiwan.

First Turnkey Project

The NnG project is the first turnkey project awarded to Saipem in the offshore wind farm sector. Scope of work will include installation of 54 steel foundation jackets, for an equivalent number of wind turbines, with each jacket placed on piles at depths of up to 60 meters.

“This EPCI contract awarded by EDF Renewables marks a key milestone in the pursuit of our strategy to become a reference player for large offshore windfarm developments and, more extensively, in the sphere of energy transition,” said Francesco Racheli, COO at Saipem.

The collaboration with EDF Renewables create capacity of 450 megawatts of green energy, and foster the “utilization of local supply chain and expertise.” Jackets will be manufactured partly at a Saipem-owned yard and partly in fabrication facilities located in Scotland.

Scope of work for the Formosa project will include supply of material and fabrication of 32 foundation jackets for an equivalent number of wind turbine generators, with construction scheduled to commence in early 2020.

Record Lift for Gulf of Mexico

The contracts follow the firm’s announcement of a new local lifting record for the Gulf of Mexico, moving 11,100 tonnes with its specialized crane vessel Saipem 7000.

The vessel was used during installation of a 10,473t PB-KU-A2 production platform integrated deck.
“The new record concerns the installation of a gas compression module for the CA-KU-A1 platform in the Ku Maloob Zaap oil field located offshore Campeche Bay in Mexico. This will allow for a significant production increase in the Mexican oil field,” a spokesperson for Saipem said.

Headquartered in Italy, Saipem provides onshore and offshore breakbulk transport, drilling services, engineering and installation of pipelines and complex projects worldwide. The firm announced award of new contracts, equal to €9.5 billion as at June 30, 2019.