Saipem and Equinor officials handshaking at signing Njord agreement

Saipem to Assist Equinor on Offshore Wind Projects

Business & Finance

Saipem and Equinor have signed a two-year frame agreement, under which Saipem will provide engineering services to Equinor, as well as assistance for the developer’s offshore wind projects.

Saipem

The agreement covers feasibility and conceptual studies, FEED, detailed engineering and related follow-on and support for R&D activities, and assisting Equinor with its upcoming projects, including those in the offshore and floating wind sectors.

The work scope also extends, among other things, to field layout and routing design for products such as umbilicals, cables, static flexibles and power cables.

Saipem already worked on an Equinor floating wind project, having won a contract in 2016 for the lift and mating operations of floating wind turbines for the 30 MW Hywind Scotland project.

At the beginning of this month (May 2020), Saipem signed a Memorandum of Understanding with Cassa Depositi e Prestiti to jointly evaluate the launch of environmentally, socially and economically sustainable projects, aimed at promoting the energy transition in Italy and abroad.

One of the initiatives under the MoU is the development and construction of renewable energy infrastructures, including offshore and/or floating wind farms.