The contract, reported to be worth 鈧�300 million (拢251 million), involves transporting and installing the 60km pipeline to connect four wells in the Argo and Cassiopea fields to facilities on Sicily.
The 14-inch (356mm) diameter pipeline will be installed at a maximum depth of 660 metres by Saipem鈥檚 pipelaying vessels Castorone and Castoro 10. The company鈥檚 Saipem 3000 vessel will also be used to install umbilicals connecting the Cassiopea wells to the Prezioso platform.
Saipem said that the Cassiopea project is an important strategic addition to Italy鈥檚 gas supply 鈥� particularly so now, given global energy cost inflation and the war in Ukraine.
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