Saipem has secured a significant offshore Engineering, Procurement, and Construction contract from QatarEnergy LNG for the combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Programme. This project is crucial for maintaining production at the North Field, the world’s largest offshore natural gas reservoir, located northeast of Qatar. The contract is valued at approximately 4 billion USD.
The contract scope includes the engineering, procurement, fabrication, and installation of six platforms, along with 100 km of corrosion-resistant alloy subsea pipelines, 100 km of subsea composite cables, and 150 km of fibre optic cables, in addition to several other subsea facilities.
This award further strengthens Saipem’s presence in Qatar and follows the EPC package for the North Field Production Sustainability Offshore Compression Complexes Project – COMP 2, which was awarded in October 2022 and is currently underway.
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