Italian engineering firm Rosetti Marino wins $300 million contract for offshore Libyan gas project

Alwasat - Cairo Sat 04 Nov 2023, 11:54 PM
alwasat radio

Italian engineering and construction services firm, Rosetti Marino, has won a $300-million contract by oilfield services company Saipem to carry out engineering, procurement and construction services for Libya's offshore Bouri natural gas field.

Under the contract, the firm will be responsible for constructing a Gas Recovery Module weighing approximately 5,000 tonnes, modifying the existing central processing platform to accommodate the new GRM and refurbishing the staff accommodation module, according to Energy Capital Power.

The project is expected to be completed in early 2026 and is part of a larger $1 billion contract awarded to Saipem by Mellitah Oil & Gas for the development of its Bouri natural gas field project.

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