Saipem tenders five Endurance CCS offshore packages
Energy Voice lists five offshore tenders for the UK's Endurance CO2 store, while a separate appraisal campaign has finished. Not a trading call.
Saipem has tendered five offshore packages for the Northern Endurance Partnership, according to Energy Voice, and only four carry a stated value, each at or under about £5 million except one dive vessel above it. They are tenders, not awards, and the values are Energy Voice's reporting, not a filing. This is analysis, not advice.
The Gulf Barrel Desk · 3 min read- Energy Voice reported on 2 November 2026 that Saipem has tendered five offshore packages, four of them vessels and one a fabrication package.
- Four packages carry a value at or around £5 million; the dive support vessel is listed above £5 million and the fabrication package has no stated value.
- These are tenders, not awards, and the sources reviewed name no winners and include no filing confirming the figures.
- World Oil reported on 29 October 2026 that the partnership finished a two-well appraisal programme across licences CS006 and CS007, without giving a capacity figure.
- The relevance to energy markets is indirect: it shows the scale of procurement behind CO2 storage backed by bp, Equinor and TotalEnergies.
Saipem has put five offshore packages out to tender for the Northern Endurance Partnership, Energy Voice reported on 2 November 2026. Four carry a stated value of roughly £5 million or less, except a dive support vessel listed above that level. The reporting names no winners. The venture is the CO2 transport and storage arm of bp, Equinor and TotalEnergies, according to World Oil on 29 October 2026. This is analysis, not advice.
What is on the tender list
Energy Voice lists a jack-up barge at up to £5 million; two platform supply vessels for two months at just under £5 million; a dive support vessel for three weeks of mid-line spool removal at more than £5 million; and three anchor handling tugs for one month at a maximum of £5 million. A fifth package, fabrication of installation aids and diffusers, is tendered for the back end of 2026 with no value given.
Tenders are not awards
A tender value is a ceiling or estimate set before bids arrive, so final prices can differ. The figures rest on Energy Voice's reporting; the sources reviewed include no Saipem or partnership notice confirming them. The anchor handling tug package carries a predicted tender date of Q1 2027, so that item may not yet be out to market. Treat the numbers as indicators of scope, not cost.
Appraisal work has just finished
World Oil reports the partnership completed a year-long appraisal programme, drilling wells C43/30-2 and C44/27-3 across storage licences CS006 and CS007. The partnership says the work fulfils commitments agreed with the North Sea Transition Authority and Ofgem. World Oil gives no storage-capacity figure, so any claim about added volume is unsupported. Managing director Rich Denny said the programme established "a strong technical foundation for the next phase of project development".
What the schedule shows
World Oil reports a planned start to front-end engineering design in 2027 and a final investment decision in 2028 for the next development phase. Energy Voice reports that Net Zero Teesside Power, a 742 MW project, is progressing, with a GE Vernova turbine arrived at Redcar Bulk Terminal, and describes offshore construction as officially begun over the summer of 2026. Both are the outlets' own reports.
What to watch next
Watch for award notices on the five packages, the Q1 2027 tug tender, and any capacity figures from the CS006 and CS007 results. For the energy market the relevance is indirect: it shows the scale of procurement behind CO2 storage backed by oil and gas majors, not a move in crude. Until awards land, the list establishes scope and sequence but not cost, so schedule inferences should be held loosely. This is analysis, not advice.
- What has Saipem put out to tender for the Northern Endurance Partnership?
- Energy Voice reports five packages: a jack-up barge, two platform supply vessels, a dive support vessel, three anchor handling tugs, and fabrication of installation aids and diffusers. The fabrication package has no stated value.
- Are these contracts already awarded?
- No. They are described as tenders, and the reporting names no winners or final prices. The values are tender-stage figures reported by Energy Voice, not confirmed in a filing.
- What did the partnership finish recently?
- World Oil reports a year-long, two-well appraisal programme under the UK Southern North Sea, covering storage licences CS006 and CS007. It gives no storage-capacity figure.