Saipem wins new E&C offshore contracts

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.

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 bySaudi 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

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