World's Largest PLV
The extraordinary growth of the world subsea market over the past decade and the raising demand for O&G plays in deep and ultra-deep waters to begin production and for the deep and ultra-deep water drilling to continue in Brazil, at the GoM and in WA, has led to the development of a range of new offshore field development and support vessels, including a large new pipelay vessel, currently laying its pipelines along the GoM. Since 2012 Saipem has been operating the MV CastorOne, it is a ship-shaped pipelay vessel with an overall length of 330 m (excluding stinger) and DP 3 capable. The CastorOne was classed by ABS (American Bureau of Standards) and is also Ice classed, capable of berthing 700.
Saipem Going Strong in Brazil and Expecting more Growth
Eni owns 43% of Saipem, which is organised in three Business Units: Offshore, Onshore and Drilling, with various activities in remote areas and deepwater. Saipem is also specialized in providing engineering, procurement, project management and construction services. In 2010 Saipem was awarded by Petrobras the EPIC contract for the P55-SCR project, encompassing the engineering, procurement, transportation and offshore installation of flowlines and risers serving the semi P-55 to be installed in the Roncador field, in the Campos Basin, off the coast of the Rio de Janeiro State, in Brazil. For this contract Saipem will be working with companies specialized in subsea construction, such as Advanced Subsea and others, while utilizing various subsea support equipment, such as AUVs and ROVs.