Saipem awarded $1B of EPCI work for three fields offshore Saudi Arabia

Saudi Aramco has awarded Saipem two engineering, procurement, construction and installation (EPCI) contracts for three field development projects offshore Saudi Arabia under a long-term agreement.

The combined value is about $1 billion.

One contract involves EPCI activities for the Marjan oil and gas field. This covers three production deck modules, 33 km of subsea rigid pipelines with diameters of 12-inch and 16-inch, and 34 km of subsea power cables. 

The second contract, for the Safaniyah and Zuluf field, covers three jackets, five production deck modules, 22 km of 16-inch subsea rigid pipelines, 5 km of subsea flexible pipelines and 35 km of subsea power cables.

Saipem will deploy construction vessels operating in the region for the offshore installations, while fabrication will take place at Saipem Taqa Al-Rushaid Fabricators at King Abdul Aziz Port in Dammam.