Saipem Wins USD 1 Billion in New Contracts

Saipem has been awarded new contracts and change orders in the E&C offshore segment, for an overall amount of about 1 billion dollars.

In particular, the most significant are the notification of award by Saudi Aramco of two EPIC contracts (engineering, procurement, installation, construction), under the long-term agreement in force and renewed in 2015 until 2021 for activities in Saudi Arabia.

These two contracts refer to, respectively, the development of fields in Marjan, Zuluf and Safaniya located in the Arabian Gulf.

The contracts 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.

Furthermore, the two contracts will also include additional maintenance and dismantling works on the existing platforms already operating in the fields.

“With these contracts, Saipem is further reinforcing its presence in the Middle East, a highly strategic area,” said Stefano Cao, CEO of Saipem. “New contracts from a long-standing customer like Saudi Aramco are also an important, strong mark of its trust in Saipem as – once again – the high quality of its services and its solid expertise in the construction and installation of offshore platforms is recognised”.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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Europort 2019

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