MILAN, Italy -- Saipem has won offshore engineering and construction valued at over $2.2 billion.
In Saudi Arabia, Saudi Aramco awarded the company an EPIC contract under the framework of the Al Wasit Gas Program. This encompasses the offshore development of the Arabiyah and Hasbah fields, 150 km (93 mi) northeast of Jubail industrial city.
The scope includes engineering, procurement, fabrication, and installation of 12 wellhead platforms, two tie-in platforms, and one injection platform; a 36-in. (91.4-cm) 260-km (161-mi) export trunkline; and around 200 km (124 mi) of mono-ethylene glycol (MEG) pipelines, 200 km of subsea electric and control cables and 40 km (24.8 mi) of offshore flowlines.
Saipem also will engineer shore approaches and lay around 120 km (74.6 mi) of onshore pipelines.
Fabrication activities will be executed mainly by yards in Dammam, where Saipem is in a consortium with Saudi partners. Saipem’s new Karimun yard in Indonesia will handle the larger structures. Offshore activities will be performed mainly by Saipem’s construction vessels Castoro II and Castoro Otto.
The company has also agreed terms with existing offshore clients for widening the scope of current commitments.