The SAIPEM 12000 is a 6th-generation ultra-deepwater drillship operating within the Saipem fleet. The unit is engineered for offshore drilling campaigns, including exploration, appraisal and development drilling, as well as well completion operations. Designed for ultra-deepwater environments, the vessel can operate in water depths of up to 12,000 ft and drill wells down to 35,000 ft, supporting complex offshore projects worldwide.

West Qurna 1, discovered in 1973, is a large onshore oil field located in southern Iraq, approximately 50 km northwest of Basra. Operated by PetroChina, the field is considered one of the world’s largest Oil & Gas assets, with estimated recoverable reserves of more than 20 billion barrels. The project involves the development and production of crude oil through wells, treatment facilities and gathering infrastructure, with the objective of sustaining and increasing Iraq’s oil production while enhancing the value of the country’s energy resources.

The FPSO Florence will enable the start-up of production from the Baleine field, currently the largest hydrocarbon discovery in Côte d’Ivoire, with an estimated 2.5 billion barrels of oil in place and 3.3 trillion cubic feet of associated gas. The Baleine development is also expected to become Africa’s first net-zero upstream project. Upon its arrival in Ivory Coast, the vessel will be renamed FPSO Baleine. The unit has been refurbished and upgraded to process up to 15,000 barrels of oil per day (bbl/d) and approximately 25 million standard cubic feet per day (MMscf/d) of associated gas. All produced gas will be transported onshore through a newly constructed export pipeline.