Saipem Brazil award
June 15 (LNGJ) - Saipem of Italy said it was awarded a limited notice to proceed (LNTP) by BW Offshore for the early-stage engineering services for the supply of a Floating Production Storage and Offloading (FPSO) unit. The FPSO will then be provided to Shell and its partners for the development of the Gato do Mato natural gas and oil field located about 200 kilometres offshore Brazil in the prolific Santos Basin in water depths of around 2,000 metres.
“The LNTP is a key step ahead for this initiative and the Saipem project team is already fully mobilized. Upon completion of the LNTP, Shell and its partners target to award a lease and operate contract which will include the award of the engineering, procurement, construction, and installation (EPCI) of the FPSO to a consortium comprising Saipem and BW and with expected delivery in 2026,” said Saipem.
