Italian offshore engineering specialist Saipem has been awarded a contract in Equatorial Guinea to build a subsea pipeline. Total value of the contract is about $90-$100m.
The 70km pipeline will transport gas from Alen field, operated by Noble Energy, to onshore at the Punto Europa LNG complex on Bioko Island.
Gas deliveries from the project are expected to begin in early 2021.
The pipeline forms part of Equatorial Guinea’s plans to link various offshore gas fields to onshore LNG facilities and turn the island of Bioko into a gas processing hub, as the country looks to extend the life of its LNG production assets.