Saipem awarded a new offshore E&C contract

Source: press release, 2 August 2022

The ‘Castorone’ is capable of laying with very high productivity up to 60-inch pipes in S-Lay mode or up to 36-inch in J-lay mode
The ‘Castorone’ is capable of laying with very high productivity up to 60-inch pipes in S-Lay mode or up to 36-inch in J-lay mode (photo: Saipem)

Saipem has been awarded an offshore E&C contract by Enimed, a subsidiary of Eni S.p.A., for the transportation and installation of an offshore gas pipeline connecting the four wells of Argo and Cassiopea Fields to the Sicilian coast (Italy), worth approximately EUR 300 million.

With a length of 60 kilometres and a maximum water depth of 660 metres, the 14-inch gas pipeline will be installed by Castorone and Castoro 10, both globally recognised as first class pipelay vessels. Moreover Saipem 3000 vessel will install umbilicals connecting Cassiopea wells to the Prezioso Platform.

The Cassiopea project represents a strategic and complementary infrastructure in the frame of the Italian gas supply, which has been recently affected by the geo-political scenario, setting Saipem as one of the main Contractors able to effectively support clients and to provide tangible solution to the current energy crisis.