Subsea Cable Assets (SCA) has secured its first contract with Saipem, worth approximately $20 million, to provide cable transport and transpooling services for an offshore energy project in the Caspian region, Offshore Energy reported. The Netherlands-headquartered company signed the agreement with Saipem Contracting Netherlands BV.
SCA’s responsibilities cover engineering, fabrication of specialist equipment, installation and operation, followed by demobilisation and reinstatement. The equipment package comprises five cable transport carousels, each capable of holding 1,100 tonnes, together with associated cable handling systems. Cable spooling equipment will be installed on a transport vessel ahead of loading at JDR Cable Systems in the UK.
According to SCA’s account, cited by Offshore Energy, the loaded carousels will travel to south-eastern Europe before being transferred onto smaller transport barges using self-propelled modular transporters. The barges will carry them onwards to the Caspian region. Manufacture of the carousels and related equipment is already under way at SCA’s Dubai facility in the UAE, with shipment to Europe scheduled by the end of the year.
SCA chief operating officer Sil de Rijke said the award reflected the team’s experience in complex cable transport and handling assignments. He highlighted project management across planning, logistics and execution in multiple geographies, alongside the company’s manufacturing and spooling capabilities, as central to delivering the work safely and on schedule.
Separately, Offshore Energy noted that Saipem had won three contracts last October for a BP-operated gas project in Azerbaijan’s sector of the Caspian Sea. Those awards cover transport and installation of a 19,000-tonne compression platform, engineering, procurement, construction and installation of around 26 kilometres of offshore pipelines linking it to existing facilities, and all major permanent subsea works. Offshore operations for that work were expected to begin in the third quarter of 2026, with completion targeted for 2029. The report did not explicitly link SCA’s new award to those contracts.