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 2020 >>
MTWTFSS
30 31 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

9th Annual Submarine Power Cable and Interconnection Forum

This year’s Advance Submarine Power Cable and Interconnection conference will focus on the cutting edge thinking that is emerging across…

read more >

The 24th Annual PNEC Conference & Exhibition

The 24th annual PNEC Conference and Exhibition  will bring together the industry thought leaders and technology providers that enable the management…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

M&CCE Expo Marine & Coastal Civil Engineering 2020

This conferences, events, demos, and competitions provide a productive background buzz throughout M&CCE…

read more >