Saipem Clinches USD 1.3B Deal from Saudi Aramco

Photo: Saipem

Italian Saipem has received two engineering, procurement, installation and construction (EPIC) contracts from Saudi Aramco.

According to Saipem’s statement, the contracts are worth $1.3 billion.

The EPIC contracts are for the development of Berri and Marjan offshore fields.

The contracts were awarded under the Long-Term Agreement for offshore activities in Saudi Arabia renewed in 2015 and in force until 2021.

Saipem’s work scope consists of the design, engineering, procurement, construction and installation of subsea systems, as well as the laying of pipelines, subsea cables and umbilicals, platform decks and jackets.

Share this article

Follow Subsea World News

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

IMDEX Asia 2019

Coming to its 12th edition, the biennial IMDEX Asia is Asia Pacific’s premier international maritime…

read more >

OWI APAC 2019

Over the two-day conference, 30 expert speakers will share exclusive insight on the latest…

read more >

Sea-Air-Space

The Sea-Air-Space Exposition will continue to support the mission of the Navy League…

read more >

The Offshore Technology Conference (OTC)

The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas…

read more >