Italian multinational oilfield services company Saipem has been selected by Mellitah Oil & Gas to provide services for the development of the Borui Gas Utilization Project in Libya.
Saipem will provide engineering, procurement, construction, installation and commissioning services for an approximately 5,000-ton gas recovery module which will replace an existing platform, as part of the contract.
The contract is worth approximately $1 billion and will also include Saipem installing 28km of pipelines to connect the DP3 and DP4 production, processing and storage facilities with the Sabratha platforms.
According to Saipem, the contract falls under the company’s commitment to unlocking Libya’s offshore potential and to help the country reduce greenhouse gas emissions.
Saipem says it will leverage its crane vessel 7000 to conduct lifting operations for the project.
