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Home›Business & Finance›Saipem to support Equinor’s energy transition journey through new engineering deal
Saipem to support Equinor’s energy transition journey through new engineering deal

Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.

As explained by Saipem in a statement on Tuesday, the frame agreement encompasses feasibility and conceptual studies, FEED, detailed engineering and related follow-on and support for R&D activities.

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The new deal also encompasses assistance to Equinor for its upcoming projects, including new energy-related projects in the onshore, offshore, and floating wind sectors.

The Italian company also added that the scope of the frame agreement extends, but is not limited, to offshore trunklines including landfalls and flowlines, onshore pipelines, components, subsea structures, field layout and routing design for products such as umbilicals, cables, static flexible, and power cables.

Backed by frame agreements, Saipem and Equinor have been collaborating for over a decade.

In October 2019, Saipem signed a subsea service contract with Equinor , which entails the use of Saipem’s Underwater Intervention Drone (UID) Hydrone-R and the all-electric Work Class ROV Hydrone-W in the Njord field development.

Furthermore, Saipem and Equinor have recently signed a cooperation agreement to develop an innovative technological solution for a solar panel floating park for near coastal installations.

Francesco Racheli , Coo E&C Offshore Division noted that Saipem’s solutions in the renewable energy sector would allow it to accompany Equinor on its energy transition journey.

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May 26, 2020 · about 6 years ago

Saipem to support Equinor’s energy transition journey through new engineering deal

Italian offshore contractor Saipem has signed a two-year frame agreement with Norwegian energy giant Equinor covering engineering services worldwide.

1 minutes read
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