Saipem will establish a spool-base on Greenwood Island, Pascagoula, Mississippi, the company said on Aug. 5.
A spool-base is a facility which allows long lengths of pipe to be welded together before reeling them onto a pipelay vessel. The Saipem spool-base will be a highly specialized site designed to provide support for vessels performing pipelay activities for offshore oil and gas development projects.
With a particular focus on the Gulf of Mexico (GoM), the new spool-base will support the Saipem Constellation, the latest addition to the Saipem fleet, suitable for the installation of rigid and flexible pipes in ultradeep waters as well as for heavy lifts of up to 3,000 tons.
Under a long term agreement, the Saipem spool-base is in a dedicated area within the facilities of ST Engineering Halter Marine & Offshore, Inc.
The spool-base will be equipped with advanced welding machines, non-destructive testing facilities, and field joint coating systems. It will also be structured to deal with complex projects such as pipe-in-pipe and HDPE liners.
Leveraging the unique ability of the Saipem Constellation to lift fully loaded reels on-board, the stalking (joining of pipes into long strings) and spooling (the winding of stalks onto reels) process at the new spool-base can be decoupled from vessel loading operations, thus optimizing vessel and installation schedules.
“The spool-base supports Saipem’s growth in the deep water field development sector as well as consolidating the importance of our activities in the Gulf of Mexico area, with a locally-based approach and resident assets,” Giorgio Martelli, president and CEO of Saipem America Inc., said.
Today’s featured Forty Under 40 honoree is Nick Vandivere, CEO of ThoughtTrace which is a Houston-based software company using AI and machine learning to streamline operations for the energy industry.
McDermott International Ltd. has invested in Lummus Technology Holdings I LLC, a holding company of Lummus Technology, on March 8.
McDermott International said Oct. 21 it has entered into an agreement with certain of its secured lenders under which the company will have access to up to $1.7 billion of additional financing.