Italian firm Rosetti Marino secures $300M contract for offshore Libya project, including construction and platform modifications.
Italian engineering and construction services firm, Rosetti Marino, has secured a significant contract worth $300 million from oilfield services company Saipem. The contract encompasses a comprehensive scope of Engineering, Procurement, and Construction (EPC) services for a critical offshore project in Libya.
Under this prestigious contract, Rosetti Marino has been entrusted with the responsibility of executing several key tasks. The company will embark on the construction of a massive Gas Recovery Module (GRM), which is expected to weigh approximately 5,000 tonnes. Additionally, they will carry out essential modifications to the existing central processing platform to accommodate the newly constructed GRM. Simultaneously, Rosetti Marino will undertake the refurbishment of the staff accommodation module as part of their role in this significant project.
The ambitious endeavor is projected to reach completion in early 2026, and it forms a crucial component of a more extensive $1 billion contract that Saipem secured from Mellitah Oil & Gas. This larger contract pertains to the development of the Bouri Natural Gas Field project, signifying a substantial milestone for all parties involved.
The awarding of this contract highlights the trust and confidence that Saipem has placed in Rosetti Marino’s engineering and construction capabilities. The offshore project in Libya represents a significant step forward in the development of the Bouri Natural Gas Field and the broader energy sector in the region.
Rosetti Marino’s successful bid for this contract further solidifies its position as a reliable and capable player in the global engineering and construction industry, with the company’s expertise set to make a lasting impact on the energy landscape in Libya. As the project progresses, it is expected to generate economic opportunities, enhance infrastructure, and contribute to the growth of the Libyan energy sector.
This substantial contract win demonstrates the continued collaboration and partnership between companies in the oil and gas sector and Italian engineering firms, reinforcing the global reputation of Italy’s engineering and construction industry as a leader in complex and innovative projects.
Source : Oil&Gas
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