Italy’s Rosetti Marino has secured a contract worth over €300m from compatriot energy services player Saipem for an offshore project in the Mediterranean Sea.
Under the contract, the Ravenna-based fabricator and shipyard will build a gas recovery module (GRM) of approximately 5,000 tonnes to be installed on the DP4 offshore structure off the coast of Libya.
The scope of work includes engineering, material procurement, construction and load-out works, as well as activities to modify the DP4 platform to receive gas from the GRM and the refurbishment of the platform’s accommodation module.
Rosetti Marino said it expects to complete the work in early 2026.
Milan-based Saipem won a contract in August worth around $1bn for the development of the shallow-water Bouri natural gas field offshore Libya. The project’s end user is Mellitah Oil & Gas, a consortium formed by National Oil Corporation of Libya and Eni.
