Nov 29 (LNG) - Italian LNG and energy engineering company Saipem has been awarded two South American offshore oil and natural gas contracts, one in Guyana and the other in Brazil, worth around $1.9 billion. Saipem said the first contract was awarded by ExxonMobil Guyana for the proposed Whiptail oilfield development located in the Stabroek block offshore Guyana at a water depth of 2,000 metres.
Saipem’s scope of work includes the design, fabrication and installation of subsea structures, risers, flowlines and umbilicals for a large subsea production facility. The second contract has been awarded by Norwegian energy company Equinor for the Raia project, the development of a pre-salt gas and condensate field in the Campos Basin, located about 200 kilometres (124 miles) offshore the state of Rio de Janeiro in Brazil. This project will provide more natural gas for the domestic market of LNG importer Brazil.
