New onshore oil exploration contract awarded to Saipem

Source: Saipem

Saipem won a new onshore E&C contract worth approximately $350 million in Saudi Arabia.

The Lump Sum Procure and Build contract has been awarded by the Emarat of the Makkah Province for the implementation of a new Stormwater Drainage System within the framework of the Jeddah Stormwater Drainage Program – Package 8, to be developed in Jeddah, on the Western coast of Saudi Arabia.

The contract encompasses procurement, installation, construction and assistance during the commissioning of a new rainwater drainage system, serving the Northern side of the City of Jeddah.

The system, scheduled to be completed in 18 months, will mainly be running in the Southern and Western areas around the King Abdulaziz International Airport (KAIA) of Jeddah and will provide a long-term drainage solution into the Red Sea.


Sign up for PennEnergy's eNewsletters
For Email Newsletters you can trust


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

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs