Home Industry Energy Saipem wins $4.5bn installation contract from Qatargas The contract, the biggest in the Milan-based company’s history, involves the installation of two offshore gas compression complexes in the North Field by Bloomberg October 20, 2022 Saipem has won a $4.5bn engineering and construction contract from Qatargas Operating Co. to support the expansion of natural gas production off the northeast coast of Qatar. The contract, the biggest in the Milan-based company’s history, involves the installation of two offshore gas compression complexes in the North Field, including two of the largest fixed steel jacket compression platforms ever built, Saipem said in a statement. Qatar is expanding its gas production capacity amid a global shortage that has sent prices for heating and power-generation fuel skyrocketing over the past year. Tags contract Installation Milan Qatargas Saipem 0 Comments You might also like Italy’s Saipem wins offshore contract worth $2bn in Saudi Arabia Italy’s Saipem secures $4bn contract from QatarEnergy Wizz Air launches first long-haul service from Abu Dhabi to Milan Qatar Airways to increase flights to London, Male, Miami, Tokyo