Saipem bags EPCI contracts totalling US$1 billion in Saudi Arabia

Saipem has been awarded two offshore contracts in Saudi Arabia under its existing long-term agreement with Saudi Aramco. The overall value of the two contracts is approximately US$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 kilometres of subsea rigid pipelines with diameters 12 inches and 16 inches, and 34 kilometres 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, 22 kilometres of subsea rigid pipelines with a diameter of 16 inches, 5 kilometers of subsea flexible pipelines, and 35 kilometres 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.