Saipem wins new E&C offshore contracts

Offshore staff

MILAN, Italy – Saipem has been awarded new contracts and change orders in the offshore engineering and construction market, for an overall amount of about 1 billion dollars.

In particular, the most significant are the notification of award by Saudi Aramco of two EPIC contracts under the long-term agreement in force and renewed in 2015 until 2021 for activities in Saudi Arabia.

These two contracts refer to, respectively, the development of fields in Marjan, Zuluf, and Safaniya located in the Arabian Gulf, which are among the most important offshore fields in the region.

These contracts include the design, engineering, procurement, construction, installation and implementation of subsea systems in addition to the laying of pipelines, subsea cables and umbilicals, platform decks and jackets.

The two contracts will also include additional maintenance and dismantling works on the existing platforms already operating in the fields.

11/09/2016 

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...

Predict, Prescribe, Profit: Creating a World that Doesn't Break Down

What are you doing to reduce unplanned downtime at your plant? Equipment breakdowns and process i...

A Traders Guide to Analysis and Research

An e-book dedicated to helping you improve your analysis by looking at RBOB futures performance. ...