Saipem S.p.A., an Italian multinational oilfield services company and one of the largest in the world has been awarded a consultancy service contract by Libya National Oil Corporation (NOC), the national oil company of the North African country, for the development of the Benghazi Oil Technical Center (BOTC).
Saipem was selected owing to its extensive experience in technical centers, having its own engineering centers in strategic areas worldwide, and partly due to the long-established presence and commitment to the North African country that gives the Italian multinational oilfield services company a strong knowledge of Libya and its energy infrastructure.
Services to be offered by Saipem as per the contract
Saipem will initially provide the feasibility study, FEED & bid services for a duration of 15 months. In the later stages, the company will look after project management services and owner’s engineer services over the remaining 40 months of the contract.
“NOC is adopting the establishment of an integrated specialized Technical Center in the Mreisa Free Zone, approximately 25 kilometers from the city of Benghazi, with a high level of equipment and infrastructure in a bid to get significant cost savings, reduced production losses, and time savings by performing maintenance work locally through investing companies. The center will be divided into suitable areas for investment by international companies or specialized manufacturers,” commented Eng. Mustafa Sanalla, NOC Chairman of the Board.
On the other hand, Stefano Cao, the CEO of Saipem said that the North Africa region remains a strategic area of huge potential developments in both industrial and energy sectors.
“This project consolidates our relationship with NOC and gives us the opportunity to support our client in creating an important center for the optimal utilization of the national resources,” he concluded.