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    Saipem awards FPSO contracts

    News // November 8, 2002
    Offshore Shipbrokers Limited reports that Saipem has been awarded two contracts relating to FPSOs.

    The first contract is for Bouygues Offshore, a company owned by Saipem, to supply an FPSO for the Erha field, Nigeria, by Esso Exploration & Production Nigeria Limited. The FPSO will consist of a 285m long, 63m wide and 32m high hull and 24,000 metric tons of production modules and living quarters.

    The vessel will have a storage capacity of 2.2 million barrels of oil and an initial production capacity of 165,000 barrels of oil per day. The FPSO is scheduled to arrive on the Erha field mid- 2005, in line with planned year end start-up. Engineering and procurement services will be performed in France and Nigeria. The hull and production modules will be fabricated in South Korea, Singapore and Nigeria.

    The second contract is to Saibos, a joint venture between Saipem and Bouygues, from MobilProducing Nigeria Unlimited (MPN) for production facilities to develop the Yoho and Awawa fields.

    The contractual scope of work includes: project management, engineering, procurement,construction, transportation and installation, hook up and commissioning of one Productionplatform, pipeline laying and the other facility installation. The contract is expected to be completed by the end of 2004.

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