The agreement focuses on the joint development of projects of mutual interest in the Hot Potassium Carbonate (HPC) segment, with the aim of capturing the opportunities offered by a growing market.
Saipem will carry out the operations using a variety of construction and support equipment, including the Saipem FDS2 and the Shen Da, which is part of the Saipem fleet as a chartered vessel.
The project concluded in 2025 with the Saipem Constellation executing the installation of flexible risers, umbilicals, and the connection of the pre-laid rigid riser to the FPSO.
The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.
Saipem, together with the other companies in the consortium, will undertake the review and specification definition of the offshore production facilities.