The facility will consist of three production lines, or trains, and is designed to produce 19.8 million tons of LNG annually.The Arctic LNG 2 plant will utilize natural gas from the nearby Utrennoye field. Search functionality will be available soon. Saipem secures Arctic LNG 2 project contract. Saipem provides a full range of services with “EPC” and “EPCI” contracts (on a “turn-key” basis) and has distinctive capabilities and unique assets with a high technological content.Website: www.saipem.comSwitchboard: +39 0244231, Media relationsTel: +39 0244234088; Italian oil and gas industry contractor Saipem has agreed to participate in a joint venture (JV) for the realisation of the Arctic LNG 2 project, for a share worth approximately $2.4bn (€2.2bn). They did not give an estimate of the savings. Italian oil and gas industry contractor Saipem has secured a €2.2 billion ($2.5 billion) contract for Russian Novatek’s Arctic LNG 2 project. GTT signs contract with Arctic LNG -2 GTT has signed a contract with SAREN B.V. (Russian joint venture of Renaissance Heavy Industries Russia and Saipem) related to the detailed design and construction of three gravity-based structures (GBS) dedicated to the Arctic LNG 2 project, for the Russian LNG … Saipem, in Joint Venture with Renaissance, a Turkish oil and gas services company, has been awarded a new onshore E&C project in the Russian Federation worth EUR 2.2 billion overall. Saipem has been assigned a share of the project worth approximately 2.2 billion Euro. Saipem is one of the world leaders in drilling services, as well as in the engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore, in the oil & gas market. Saipem has been assigned a share of the project worth approximately 2.2 billion Euro. We are working on the new website. TechnipFMC Awarded a Major Contract for the Arctic LNG 2 Project in West Siberia . Saipem provides a full range of services with “EPC” and “EPCI” contracts (on a “turn-key” basis) and has distinctive capabilities and unique assets with a high technological content. Saipem, in Joint Venture with Renaissance, a Turkish oil&gas services company, has been awarded a new Onshore E&C project in the Russian Federation worth 2.2 billion Euro overall.As leader of the JV, with a shareholding of 50%, Saipem’s portion of the total amount is therefore approximately 1.1 billion Euro. Wo aro targeting various profiles in many disciplines (Civil, Electrical, Mechanical, l&C, HVAC and layout). The contract has been awarded by the company Artic LNG 2, consisting of Novatek JSPC (60%) and Ekropromstroy Ltd (40%). This website uses technical and analytical cookies, including third-party cookies, to analyse user browsing behaviour, create website visit statistics and improve the contents provided. The field is located in the Gydan Peninsula in YNAO approximately 70 km across the Ob Bay from Yamal LNG. Le premier cargo de GNL d’Arctic LNG 2 est attendu pour 2023. E-mail: media.relations@saipem.com, Relations with institutional investors and financial analystsTel: +39 0244234653; Fax: +39 0244254295; The JV includes Technip France, a subsidiary of oil and gas company TechnipFMC, and Russian gas services company NIPIgaspererabotka. Situé sur la péninsule de Gydan (Russie), le projet Arctic LNG 2 disposera d’une capacité de production de 19,8 millions de tonnes par an (Mtpa) de GNL. Arctic LNG 2, a joint venture between Novatek (60 percent) and Ekropromstroy (40 percent), will be executed in the Tazovsky District, in the autonomous administrative region of Yamal-Nenets, in the western part of the Gydan Peninsula. The contract forms part of a strategic partnership agreement signed by Saipem and Novatek in 2016 for activities associated with LNG projects. Subsequently, they will be towed and installed in Gydan. Yaklaşık 2,2 milyar euroluk proje, 25,5 milyar dolarlık tüm yatırım bedeliyle tamamlandığında … To consult the full Cookie Policy or decline, at a later date, your consent to the cookies used by the website, click here. Rönesans ve Saipem’den 2,2 milyar euroluk imza Rönesans, İtalyan enerji şirketi Saipem ile kurduğu ortak girişimle Rusya’nın "Arktik LNG 2" projesi için düğmeye bastı. Arctic LNG 2 Project. Relations with institutional investors and financial analysts. E-mail: investor.relations@saipem.com, Contact point for retail investorsE-mail: segreteria.societaria@saipem.com. ... Saipem reached a deal on Friday to participate in a joint engineering venture for a liquefied natural gas project in the west of Siberia. The Saipem share is about 1.1 billion Euro. In August 2019, Saipem agreed to participate in a JV for the realisation of the Arctic LNG 2 project, for a share worth approximately $2.4bn (€2.2bn). SAIPEM SpA - Registered office: Via Martiri di Cefalonia 67, 20097, San Donato Milanese, Milan - Italy Saipem entra nella JV di Arctic Lng 2 per 2,2 miliardi di euro 2 Agosto 2019 Sebastiano Torrini Cao: “Il coinvolgimento nei lavori conferma la validità della scelta strategica di Saipem di consolidare la leadership nell’intera catena del valore del gas naturale”. Finally, the signing of this contract reinforces the presence of Saipem in Russia, a country in which the Company has an important track record in the realisation of both onshore and offshore infrastructures”. Italian oil and gas industry contractor Saipem has secured a €2.2 billion ($2.5 billion) contract for Russian Novatek’s Arctic LNG 2 project. Send your rosume to The company has distinctive competences in operations in harsh environments, remote areas and deepwater. Saipem is one of the world leaders in drilling services, as well as in the engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore, in the oil & gas market. First LNG for the first train is planned in 2023. Two more sources, one close to Saipem and a Western energy source, said the gravity-based structures should allow Novatek to build the plant more cheaply than its first Arctic LNG project at Yamal. Stefano Cao, Saipem CEO, commented: “The awarding of this contract demonstrates how Saipem is fully integrated into the process of energy transition and represents a further success in the high added value LNG sector in which we have been operating for many years and in which, in the recent past, we have obtained important contracts. LONDON & PARIS & HOUSTON--(BUSINESS WIRE)-- Regulatory News: TechnipFMC (NYSE:FTI) (PARIS:FTI) (ISIN:GB00BDSFG982) has been awarded a major (1) Engineering, Procurement and Construction (EPC) contract by Novatek and its partners for the Arctic LNG 2 project located in the … Russian gas producer Novatek is expected to select Italy's Saipem to build offshore platforms for its second liquefied natural gas (LNG) facility in the Arctic, four sources said. Saipem leads the E&C joint venture with a shareholding of 50 percent, therefore securing €1.1 billion share of the contract value. Corporate capital: 2.191.384.693 € fully paid-up - Taxpayer’s code and VAT number: 00825790157 - Economic and Administrative Business - Register Milan no. 22 May 2019: TechnipFMC awarded Novatek's Arctic LNG 2 These Concrete GBSs will be fabricated in two dry docks in a Novatek provided facility in Murmansk. Saipem, nuovo contratto E&C Onshore per progetto Arctic LNG 2 La quota di competenza della società ingegneristica italiana è pari a circa 1,1 miliardi euro. They did not give an estimate of the savings. The Saipem share is about 1.1 billion Euro Business 08:51 - 19 Dec 2018 1545205860 2018-12-19 The Arctic LNG 2 project is based on the hydrocarbon resources of the Utrenneye field. Project Phase: Desi1ln and Consort ction. Koedood Marine Group in Hendrik Ido Ambacht has been a leading and innovative company for many years. Il contratto è stato assegnato dalla società Artic LNG 2 , costituita da Novatek JSPC al 60% e da Ekropromstroy Ltd al 40%. Brilla il titolo a Piazza Affari: +2,37% La quota di Saipem, leader della joint venture nella quale detiene una partecipazione del 50%, è pari a circa 1,1 miliardi di euro. Wo aro also recruiting for all levels Engineers, Technicians, Supewisors, Superintendent, and Managers for Oil and Gas Industry. As part of this strategy, there are plans to build a second plant, known as Arctic LNG 2, on the Gydan Peninsula that juts into the Kara Sea. San Donato Milanese (MI), December 19, 2018 – Saipem, in Joint Venture with Renaissance, a Turkish oil&gas services company, has been awarded a new Onshore E&C project in the Russian Federation worth 2.2 billion Euro overall. Work locations: Russia. 788744, Saipem: new Onshore E&C contract for the Arctic LNG 2 GBS Design and Build project worth approximately 2.2 billion Euro. As leader of the JV, with a shareholding of 50%, Saipem’s portion of the total amount is therefore approximately 1.1 billion Euro. ↑ Novatek signs construction contracts for Arctic LNG 2, as Yamal project hits milestone , Arctic Today, Feb. 6, 2019 The works entrusted to the JV comprise the design and build of the three 30-meter high concrete gravity-based structures that will be fabricated in two dry docks in a Novatek provided facility in Murmansk. Two more sources, one close to Saipem and a Western energy source, said the gravity-based structures should allow Novatek to build the plant more cheaply than its first Arctic LNG project at Yamal. Arctic LNG 2 is expected … The Utrenneye field is the resource base for Arctic LNG 2. As leader of the JV, with a shareholding of 50%, Saipem’s portion of the total amount is therefore approximately EUR 1.1 billion. After founding the company in 1961 by their father, Arie and Bert Koedood extended the family business into an established player when it comes to Mitsubishi shipping, offshore, and industrial engines. Italy's Saipem is likely to get a sub-contractor role in a new project to produce liquefied natural gas (LNG) in the Arctic by Russia's Novatek, one of Novatek's partners said. Arctic LNG 2 is expected to have an output matching or exceeding Yamal. The project was awarded by Arctic LNG 2, a company formed by Novatek and Ekropromstroy with 60 and 40 percent stakes, respectively. The three production trains will be installed on concrete gravity-based structures (GBS) as well as LNG storage facilities totalling 687,000-cbm. Copyright © 2021 Saipem - All rights reserved. In a joint venture with Renaissance, a Turkish oil and gas services company, Saipem has been awarded an onshore engineering and construction project to build three liquefaction trains with a 6.6 million tons per annum capacity each. Subsequently, they will be towed and installed in Gydan. Trois trains de GNL de 6,6 Mtpa chacun, utilisant des plates-formes à structure gravitaire (GBS), seront construits. (Teleborsa) - Saipem continua a correre a Piazza Affari con un guadagno del 3,53%, dopo la sigla di un importante contratto in Russia relativo al progetto Artic LNG 2. Italy's Saipem is likely to get a sub-contractor role in a new project to produce liquefied natural gas (LNG) in the Arctic by Russia's Novatek, one of Novatek's partners said. OOO Arctic LNG 2 is the operator and owner of all the assets. The awarding body, Arctic LNG 2, is a 60:40 joint venture between Novatek and Ekropromstroy. The contract was awarded by Arctic LNG2, a company created by Novatek (60%) and Ekropromstroy (40%). The proposed Arctic LNG 2 project involves three LNG trains at 6.6MMtpa each, using gravity-based structure platforms. ↑ Saipem seen getting work in Novatek's Arctic LNG 2 project, Reuters, 24 July 2017. Saipem's share of the contract is worth approximately USD1.3 billion (EUR1.1 billion). The project encompasses the construction of three Liquefied Natural Gas (LNG) plants, each with a capacity of about 6.6 million tons per annum (MTPA), that will be installed on Concrete Gravity Based Structures (GBS) and includes LNG storage facilities totalling 687,000 m3. Both Saipem and Ronesans will each hold a 50 percent share in the joint venture for the construction of the Arctic LNG-2 project the value of which is $25.5 billion. Arctic LNG 2 is expected to have an output matching or exceeding Yamal. Press Releases and Events Final Investment Decision Made on Arctic LNG 2 project. Russia’s largest private natural gas producer, Novatek, reports that it is “slightly ahead of schedule” for opening Arctic LNG 2 by the end of 2022. Related Articles. Thematic Reports Are you worried about the pace of innovation in your industry? Vladivostok, 5 September 2019. Arctic LNG 2 GBS contract signed with Saipem JV January 10, 2019 San Donato Milanese (MI), December 19, 2018 – Saipem, in Joint Venture with Renaissance, a Turkish oil&gas services company, has been awarded a new Onshore E&C project in the Russian Federation worth 2.2 billion Euro overall. Tel: +39 0244234653; Fax: +39 0244254295; Saipem: awarded FEED contract for Virginia Gas Project in South Africa, Saipem launches the new brand campaign “Dear future”. According to the company, Saipem was assigned a share of the project worth approximately €2.2 billion ($2.45 billion). Two more sources, one close to Saipem and a Western energy source, said the gravity-based structures should allow Novatek to build the plant more cheaply than its first Arctic LNG project at Yamal. Arctic LNG 2 is expected … The project calls for the construction of three 6.6 mtpa LNG plants, to be installed on concrete gravity based structures (GBS). The contract forms part of a strategic partnership agreement signed by Saipem and Novatek in 2016 for activities associated with LNG projects. The company has distinctive competences in operations in harsh environments, remote areas and deepwater. Koedood Marine Group is a dynamic and […], Zvezda cuts steel for another Arctic LNG 2 tanker, Novatek completes Arctic LNG 2 fleet formation, Offshore Wind Business Development Manager EU, Saipem and Renaissance seal $2.5 bln Arctic LNG 2 contract. 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