News listings

energy-pedia development and production

Indonesia flagIndonesia

Central & SE Asia / Australasia >>> Indonesia

Indonesia: Saipem awarded an offshore EPCI contract by bp in Indonesia


27 Nov 2024

Photo - see caption

The contract concerns the offshore facilities for natural gas production and transportation as well as the capture, utilization and storage of CO2 (CCUS)

Saipem, together with its consortium partner PT Meindo Elang Indah, has been awarded an offshore EPCI contract by BP Berau Ltd. The EPCI contract is part of an integrated project known as Tangguh UCC Project comprising of Ubadari field development, enhanced gas recovery through carbon capture, utilization and storage (EGR/CCUS) and onshore compression, operated by BP Berau Ltd and located in Papua Barat Province, Indonesia. The value of the contract is approx. 1.2 billion USD and Saipem's share amounts to approx. 1 billion USD.

The Tangguh UCC project encompasses the production of natural gas resources from the Ubadari offshore field and its transportation to the onshore LNG plant where it will undergo a CO2 separation process. The captured CO2 will then be sent into an offshore platform for re-injection into the reservoir, helping to extract additional natural gas resources.

Saipem’s activities include the engineering, procurement, construction and installation of two wellhead production platforms, a wellhead platform for the re-injection of CO2 and approx. 90 km of associated pipelines.

The platforms will be fabricated locally in Karimun, Saipem’s largest yard worldwide and one of the largest in the Southeast Asian region, with over 5,000 employees and approx. 1.4 million square meters area including the marine base and docks.

The award of this important contract in Indonesia consolidates Saipem's position in the segments of natural gas and of CO2 capture and storage projects, thanks to a unique combination of world-class assets with engineering and technological know-how.

Original announcement link

Source: Saipem





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 195

Completed Deals

Completed Upstream Deals: 6640

Company Profiles

Current Company Profiles: 2932

Corporate Activity

Current Corporate Activity articles: 4197

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1674

Geostudies

Current Geostudies articles: 1003

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Bayphase
Rose & Assocs
energy365
Merlin
Telos NRG
Syntillica
Borchwix
Union Jack Oil 149
OPC
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com