Post by Saipem

Through our subsidiary PT Saipem Indonesia, in joint venture with PT Tripatra Engineers and Constructors, we have been awarded a contract for the Engineering, Procurement, Construction and Installation (#EPCI) of a Floating Production, Storage and Offloading (#FPSO) unit for the “Kutei North Hub Field Development Project”, located in the Kutei Basin, East Kalimantan, #Indonesia.    The contract, valued at approximately USD 2 billion for our share, has been awarded by #EniNorthGanal.  👉 The project execution, with an estimated duration of 48 months, includes project management, detailed engineering, procurement of materials, fabrication, construction and installation activities, as well as commissioning and start-up of the FPSO unit.    The Kutei FPSO project is part of the Kutei North Hub Development, which comprises a subsea development tied back to a new FPSO, a dedicated gas export pipeline to the Bontang LNG Plant and domestic gas users via the existing East Kalimantan System.    This award further strengthens our positioning in the floating production segment, leveraging our unique combination of engineering and local fabrication capabilities, as well as our well-established expertise in fast-track project execution.    Read more: https://lnkd.in/dY5Kx5XY     #Saipem #EngineeringForASustainableFuture #Kutei