Saipem bags new FEED contract from ExxonMobil

Source: press release, 30 January 2019

photo: Saipem
photo: Saipem

Saipem’s XSIGHT division has been awarded a new onshore‐offshore FEED contract for the Ca Voi Xanh (Blue Whale) project by ExxonMobil Exploration and Production Vietnam Limited (EMEPVL) and its joint venture partners PetroVietnam and PetroVietnam Exploration Production Corporation.

The project encompasses the design of the facilities for the development of an offshore gas and condensate reservoir located within block 118 offshore Vietnam, the largest gas field in the country. The treated gas will be delivered to two power complexes, each containing two power trains.

Saipem will provide Front End Engineering Design Services for the project that consists of an offshore platform, offshore gas and condensate pipelines, offshore fibre optic cabling, an onshore gas treatment plant (GTP), onshore pipelines and an onshore condensate offloading facility.

The Ca Voi Xanh development project will provide a competitive and cleaner energy source to Vietnam. The project will have the effect of accelerating the socioeconomic development of the country by fuelling local industry.

Mauro Piasere, Chief Operating Officer of XSIGHT, the Division of Saipem dedicated to early engineering phases such as conceptual and front end engineering to which the FEED contract has been assigned, comments, “The awarded contract boosts our strategic collaboration with ExxonMobil, an important client with a strong focus on innovation and on energy transition. The contract also allows Saipem to operate once more in Vietnam, further consolidating the Company’s presence in the area of South‐East Asia.”