Italy’s Next Geosolutions (NextGeo) has secured an €8.5 million contract from Saipem to provide subsea survey and installation support for the Bouri Gas Utilization Project offshore Libya. The deal includes ROV-based monitoring and pipeline delivery using the NG Worker and NG Surveyor vessels. Part of Saipem’s $1 billion gas recovery initiative, the project aims to enhance Libya’s offshore production capacity and reduce flaring, marking a major step in regional energy development.
NextGeo Wins Libya Gas Contract
Italy’s Next Geosolutions (NextGeo) has secured an €8.5 million contract from Saipem to provide subsea survey and installation support for the Bouri Gas Utilization Project offshore Libya. The deal includes ROV-based monitoring and pipeline delivery using the NG Worker and NG Surveyor vessels. Part of Saipem’s $1 billion gas recovery initiative, the project aims to enhance Libya’s offshore production capacity and reduce flaring, marking a major step in regional energy development.
Comments are moderated to help keep discussions respectful and constructive.
We want this space to remain useful and welcoming for everyone, so please keep your comments civil, relevant, and appropriate. Comments that don't follow basic guidelines may be removed.
There are no comments yet
Be the first one to share your thoughts
Comments are moderated to help keep discussions respectful and constructive.
We want this space to remain useful and welcoming for everyone, so please keep your comments civil, relevant, and appropriate. Comments that don't follow basic guidelines may be removed.
You must be logged in to post comments