Saipem wins contract for Chevron’s Jansz-Io compression project

Italian contractor Saipem won a deal to work on the Chevron-operated $4 billion Jansz-Io compression project offshore Western Australia.

Besides this contract, Saipem also secured a deal for transportation and installation activities at the Sakarya gas field development project, the first deepwater natural gas field discovered in Turkey in the Black Sea.

Both of the orders have a price tag of more than $600 million, according to a Saipem statement.

Chevron Australia awarded the contract for the Jansz-Io compression project, located around 200 kilometers offshore the north-western coast of Australia, at water depths of about 1,400 meters.

Saipem said it would start offshore operations in 2024 with the Constellation vessel.

The Jansz-Io compression project will help gas recovery at the giant 15.6 mtpa Gorgon LNG project as the offshore field ages.

Part of the original development plan for the Chevron-operated Gorgon LNG plant, the Jansz-Io compression project will use subsea compression technology to maintain long-term natural gas supply from the offshore field to the three existing LNG trains but also domestic gas plant on Barrow Island.

The Gorgon project is a joint venture between the Australian subsidiaries of Chevron (47.333 percent), ExxonMobil (25 percent), Shell (25 percent), Osaka Gas (1.25 percent), Tokyo Gas (1 percent) and JERA (0.417 percent).

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