Saipem has secured an EPCI contract worth approximately $2 billion for its share of the Kutei FPSO project in East Kalimantan, Indonesia. The project is expected to be completed over 48 months.
Ocean Installer has secured a major EPCI contract from Vår Energi for the Balder Next New Wells project, covering SURF installation for seven satellite well fields tied back to the Jotun FPSO.
Timas Suplindo has secured the SURF EPCI contract for the Mako gas project offshore Indonesia, covering engineering, procurement, fabrication, installation and pre-commissioning work.
Saipem secured a $150 million LNTP contract from ExxonMobil Guyana for the Longtail subsea project, with full scope potentially reaching $1.5 billion.
COOEC completed loadout of three wellhead platform blocks for QatarEnergy’s ISND expansion from its Qingdao yard, covering platforms, pipelines, umbilicals, subsea skids and upgrades.
Petrovietnam outlines 2025 milestones across Dai Hung Phase 3, Block B CPP Jacket fabrication, BK-24 & White Lion deliveries, and PTSC’s EPC award for 33 offshore wind jackets.
Westwood’s APAC offshore report highlights core indicators shaping regional activity, including EPCI forecasts, Southeast Asia contract expectations, offshore wind auctions, rig utilisation levels and vessel fleet conditions across oil, gas and wind markets.
KLN Logistics Group is driving the Wellhead Platform A project in Libya’s Bahr Essalam field, one of the Mediterranean’s largest EPCI offshore developments, targeting completion in 2027.
Saipem has secured three offshore engineering and installation contracts worth €600 million across Azerbaijan, the North Sea, and West Africa, reinforcing its global subsea presence.
