Two new contracts for Saipem

18 January 2019


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
Peri completes ‘Europe’s largest’ 3D printed building
Peri highlighted that conventional construction methods could not have been used to achieve this design
Implenia reaches ‘record level’ consolidated profit with nearly US$8bn backlog
The company said success across all divisions led to profit and extensive order book
Construction industry update: legal battles, global projects, and educational initiatives
Selection of the week’s biggest stories on Construction Briefing