Two new contracts for Saipem

By Andy Brown18 January 2019

5-1-6-130516_118496-saipem-logo

The contracts awarded are worth US$1.3 billion

Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation and Construction) by Saudi Aramco, the Saudi Arabian national petroleum and natural gas company. The contracts are for approximately US$1.3 billion.

The contracts are part of a long-term agreement for offshore activities in Saudi Arabia, renewed in 2015 and in force until 2021.

These two contracts refer to the development of offshore fields in Berri and Marjan, located in the Arabian Gulf, which are among the most important offshore fields in the area.

Saipem’s activities include the design, engineering, procurement, construction, installation and implementation of subsea systems in addition to the laying of pipelines, subsea cables and umbilicals, platform decks and jackets.

 

Latest News
Nominations open for Diesel Progress Awards
Awards will be held at the Diesel Progress Summit, which returns to a live event for 2021
Huge TBM launched on UK’s HS2 project
First of 10 machines set to dig over 100km of tunnels on mammoth high-speed rail project
IPAF calls for in-work training support
Member firms are encouraged to embrace the options for in-work training to support