Saipem lands $2bn Indonesia FPSO contract

AI Summary

Italian contractor Saipem, in partnership with PT Tripatra Engineers and Constructors, secured a $2 billion EPC contract for an FPSO project supporting Eni's Kutei North Hub Field Development in Indonesia. The agreement involves engineering, procurement, construction, and installation.

Italian energy services contractor Saipem, in joint venture with PT Tripatra Engineers and Constructors, has been awarded a contract for the engineering, procurement, construction and installation (EPCI) of an FPSO for Eni’s Kutei North Hub Field Development Project. The contract was awarded by Eni North Ganal, a company controlled by Searah, the business combination company …