Saipem awarded new contracts in Saudi Arabia

Saipem has been awarded two offshore contracts in Saudi Arabia together worth around US$1bn under its existing Long-Term Agreement with Saudi Aramco

Saipem’s scope of work under the first contract involves the engineering, procurement, construction, and installation (EPCI) of three production deck modules (PDMs), 33 km of subsea rigid pipelines with diameters of 12 inches and 16 inches, and 34 km 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 km of subsea rigid pipelines with a diameter of 16 inches, 5 km of subsea flexible pipelines, and 35 km of subsea power cables. The infrastructures will be installed in the Zuluf and Safaniyah oilfields.

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

Fabrication will be carried out at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Ltd., with the aim of boosting the capabilities of local industry.

The award follows the award of two offshore projects in Saudi Arabia in July, under its Long-Term Agreement (LTA) with Saudi Aramco, together amounting to US$500mn and relating to the Abu Safa, Berri and Manifa fields
Saipem has a longstanding relationship with Saudi Aramco, and a strong presence in the Saudi Arabia and throughout the region.