Castoro News

19 Mar 2014

First Line of Baltic Sea Pipe to be Laid by Saipem

Saipem 7000 pipe-laying vessel: Photo courtesy of Gazprom

Contracts worth around EUR 2-billion for construction of the first of the four offshore lines of the trans-Baltic South Stream gas pipeline have now been signed by South Stream Transport and Saipem, inform Gazprom. Saipem is to build the first offshore line of the South Stream gas pipeline as well as erect process facilities in the shore crossing areas, and construct the landfalls. Pipes will be welded together on board a special pipe-laying vessel and then laid in position on the seabed at a depth of up to 2,200 meters.

18 Mar 2014

Pipelayer Towed from Genoa to Rotterdam

Fairmount Glacier

Tug Fairmount Glacier has towed pipelay-vessel Castoro Sei to Rotterdam, the Netherlands, from where the vessel will start her seasonal activities on the North Sea. The Fairmount Glacier hooked-up with Castoro Sei in Genoa, Italy. The Castoro Sei is a 28,000 ton DWT 152 meters long semi-submersible pipelay-vessel operated by Italian Saipem. For her towage from Genoa towards Rotterdam the Fairmount Glacier was mobilized from Las Palmas. The convoy reached Gibraltar within six days.

30 Dec 2011

Keppel Secures Contracts Worth S$150 Million

Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiaries, Keppel Singmarine Pte Ltd (Keppel Singmarine) and Keppel Verolme BV (Keppel Verolme), has secured contracts totaling S$150 million from international customers. Keppel Singmarine, the specialised shipbuilding division of Keppel O&M, has entered into contracts for the building of a 91-metre container vessel and three 4000 DWT (deadweight tonnage) bulk ore/fuel carriers for Papua New Guinea customer Ok Tedi Mining Limited (Ok Tedi Mining), while Keppel Verolme, Keppel O&M's comprehensive yard in the Netherlands, is undertaking upgrading activities of a semisubmersible drilling rig, Scarabeo 6, for Italian customer Saipem Misr for Petroleu Services S.A.E. (Saipem).

31 Jul 2011

Keppel Completes Saipem Ultra Deepwater Rig

Keppel FELS Limited (Keppel FELS) is on track to deliver Scarabeo 9, a 6th generation ultra-deepwater semisubmersible drilling rig, to Saipem S.p.A (Saipem) on time and with no lost time incidents. A significant part of Keppel FELS' workscope on Scarabeo 9 involved the completion and commissioning of marine and drilling systems onboard. The rig was named by Lady Sponsor, Mrs Anna Tatka, spouse of Mr Pietro Franco Tali, CEO of Saipem. Speaking at the ceremony, Mr Tali said, "With Keppel's proven track record, we were confident of receiving a rig of the highest quality delivered on time and in a safe manner. The Frigstad D90 semisubmersible rig is equipped with a Dynamic Positioning 3 system and will be capable of operating in water depths of up to 3,600 meters.

14 Jun 2011

Saipem Wins Egyptian, North Sea, Russian Contracts

Saipem has been awarded new E&C Offshore contracts in Egypt, in the North Sea and in Russia, worth in excess of $1 billion. In Egypt, Burullus Gas Company awarded Saipem the EPIC contract for new subsea developments in the area of the West Delta Deep Marine Concession, located about 90 km offshore the Northwest Nile delta, at water depths between 400 and 1,000 m. The development encompasses the engineering, procurement, construction and installation of a total of seven new subsea wellheads and relevant infrastructures, umbilicals and flowlines.

20 Apr 2011

STX Finland Signs a Maintenance Contract for Saipem

On 20 April 2011, STX Finland Oy and Saipem S.p.A signed a contract on major overhaul and maintenance of the semisubmersible pipelay vessel Castoro Sei. The work on the ship, providing employment for as many as about 1,000 people, will be completed by STX's Turku shipyard. The Castoro Sei is a 152 metres long and 70.5 metres wide semisubmersible pipelay vessel, owned by Italian offshore company Saipem S.p.A. She is currently deployed in laying the pipeline for the Nord Stream project on the Baltic Sea.

09 Mar 2011

Saipem Wins New E&C Offshore Contracts Worth In Excess of $2.2 Billion

San Donato Milanese (Milan), 9 March 2011 ā€“ Saipem has been awarded new E&C Offshore contracts worth in excess of $2.2 billion. In Saudi Arabia, Saudi Aramco awarded the EPIC contract, in the framework of the Al Wasit Gas Program, encompassing the offshore development of the Arabiyah and Hasbah fields, located approximately 150 kilometres northeast of Jubail industrial city, in the Arabian Gulf. The complete development of the two fields encompasses the engineering, procurementā€¦

08 Jul 2010

Saipem Wins $1B Offshore Deal

Saipem has been awarded new offshore contracts worth over 1 billion euro. The contracts refer to activities to be carried out between 2010 and 2012 in the main offshore areas where Saipem is present, in particular in the Caspian Sea, both in the Kazakh and Azeri sectors, Brazil, the Middle East, West Africa, the North Sea and Mexico. The operations will be performed by Saipemā€™s most powerful fleet vessels and include the laying of sealines, field development, as well as platform fabrication and installation. Among the major awarded contracts, in Kazakhstan, Saipem has signed an extension of the ā€˜Kashagan Trunklinesā€™ contract with Agip KCO for the installation of the pipeline system connecting the offshore production facilities.

30 Nov 2009

Keppel Clinches Petrobras & Saipem Contracts

Photo courtesy Keppel Offshore & Marine Ltd

Keppel Offshore & Marine Ltd (Keppel O&M), through Keppel Shipyard Limited (Keppel Shipyard) and Keppel Verolme BV (Keppel Verolme), has secured two contracts worth a total of about $165m. The first project, secured by Keppel Shipyard from repeat customer Petrobras Netherlands B.V (PNBV), is for the pre-conversion of P-58, a Floating Production Storage and Offloading (FPSO) vessel for the Campos Basin. The second project involves the repair and modification of the semisubmersible pipelay vessel, Castoro Sei for Saipem S.p.A (Saipem) by Keppel Verolme.

09 Jul 2002

IZAR Fene Shipyard Receives Order for LNG Barge

Norway's Statoil has ordered the construction of an LNG barge from IZAR Fene Shipyard to serve as support for a gas liquefaction plant. The LNG barge, scheduled to be completed in August 2003, will house on its deck about 24,000 tons of processing equipment for the plant, which will convert natural gas from the Snøhvit field into liquefied natural gas (LNG). About 70 cargoes of LNG per year will be shipped out from this floating plant. The barge will be 505 ft. long, 177 ft. wide and 30 ft. high. It will have a net 8,500 tonne weight of steel. The deal was signed on June 28 in Munich by Statoilā€™s Fabrication Director, Odvar Birkedal, and the Spanish yard Managing Director, Santiago García.

05 Jul 2001

IZAR Lands FPSO Order

IZAR has been awarded a contract to build a 900,000bb FPSO (Floating, Production, Storage and Offloading) unit for Belgium's company Exmar Offshore. The unit is scheduled to be delivered at the end of January 2003 and is intended to be operated by Exmar at the Aquitaine field, in the Mediterranean sea, off Libya. The design is characterized by moderate dimensions such as 210.6 m length, 44 m breadth, 23 m depth and 16.5 m design draft if, compared to its huge 900,000bb storage capacity. This newbuilding will actually be the largest ever delivered by the Spanish builder in terms of capacity despite having constructed several large FPSO units in the pastā€¦

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