Saipem Secures $1B in Offshore Contracts from Saudi Aramco

Wednesday, September 4, 2024

Italian offshore energy services firm Saipem has been awarded two offshore contracts in Saudi Arabia under its existing long-term agreement with Saudi Aramco, whose combined value approximately $1 billion.

Saipem’s scope of work under the first contract involves the engineering, procurement, construction, and installation (EPCI) of three production deck modules (PDMs), 33 kilometers of subsea rigid pipelines with diameters of 12 inches and 16 inches, and 34 kilometers of subsea power cables.

The infrastructures will be installed in the Marjan oil and gas field.

The second contract involves the EPCI of three jackets, five PDMs (Production Deck Modules), 22 kilometers of subsea rigid pipelines with a diameter of 16 inches, 5 kilometers of subsea flexible pipelines, and 35 kilometers of subsea power cables.

The infrastructures will be installed in the Zuluf and Safaniyah oil fields.

For the offshore component of the two projects, Saipem will deploy its construction vessels that are operating in the region.

The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators, aiming to increase and develop the capabilities of local industry.

Categories: Activity Oil and Gas Middle East Subsea Pipelines Industry News

Related Stories

New Alliance Targets Offshore Caisson Integrity Challenges

Mammoet Completes Record Module Loadout at Khalifa Port for Gas Project

Chevron Enlists Subsea7 for Mediterranean Sea Job

Current News

TVO Adds to Project Management Team

BOEM Proposes BBG3, Third Gulf of America Lease Sale

Op/Ed: Crude Oil's Iran Premium Assumes No Supply Disruption

Turkey Objects to Greece’s Chevron Energy Deal in Eastern Mediterranean

Subscribe for OE Digital E‑News