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Maritime News - 2022 Jun 15

15 Jun 2022

Saipem Confirms Shell's Gato do Mato FPSO LNTP

Illustration - An FPSO in Brazil - Credit: Ranimiro/AdobeStock

Italian oilfield services firm Saipem has confirmed it has recently been awarded a limited notice to proceed (LNTP) by BW Offshore, for the early-stage engineering services for the supply of an FPSO unit to be supplied to Shell for the development of the Gato do Mato field offshore Brazil.The oil and gas field is located around 200 km offshore Brazil in the Santos Basin, in water depths of around 2,000 meters.The LNTP is valued at up to $50 million.

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