Italy’s engineering, drilling, and construction services giant Saipem has corroborated its involvement in a competitive dual front-end engineering design (FEED) phase of a floating production, storage, and offloading (FPSO) module destined for a liquefied natural gas (LNG) project in Indonesia’s Masela block, Asia Pacific.
Shortly after Inpex Masela, a subsidiary of Japan’s Inpex, revealed FPSO contract packages for the FEED work related to the Abadi LNG project in the Masela block, embarking on a dual FEED method involving two contractor consortia working in parallel but separately to ensure a competitive environment, Saipem confirmed a FEED contract award for the FPSO module.
