# Saipem and COOEC win $4 billion QatarEnergy LNG offshore compression contract

Saipem, with partner COOEC, won the EPCI contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 5) from QatarEnergy LNG, worth about $4 billion overall with Saipem's share around $3.1 billion, over roughly five years.

- Type: Contract
- Announced: 2025-12-22
- Where: North Field, offshore northeast Qatar, Qatar
- Value: $4.00B
- Status: announced
- Products: offshore compression platforms, flare platforms, living quarter platforms

## Companies

- [Saipem](https://endata.com/companies/1847.md) (partner)
- [QatarEnergy LNG](https://endata.com/companies/2961.md) (customer)
- [China Offshore Oil Engineering Co. (COOEC)](https://endata.com/companies/13846.md) (partner)

## Sources

- [offshore-energy.biz](https://www.offshore-energy.biz/saipem-and-cooec-rake-in-4-billion-for-work-at-qatarenergys-giant-offshore-gas-field/), 2025-12-22: "The EPCI contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 5) package has an overall value of approximately $4 billion"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.