Saipem Secures $500M Offshore Job in Saudi Arabia

Monday, July 15, 2024
© corlaffra / Adobe Stock

Italian offshore energy services firm Saipem has secured work two offshore projects in Saudi Arabia, under the existing long-term contract with Saudi state-owned oil and gas giant Saudi Aramco.

Saipem’s scope of work under the first project involves the engineering, procurement, construction and installation (EPCI) of a crude trunkline of approximately 50 km with a diameter of 42 inches for the Abu Safah field.

The activities related to the second project involve the production maintenance programs of the Berri and Manifa fields.

The overall amount of the two projects is approximately $500 million, Saipem said.

Categories: Middle East Subsea Industry News Activity Oil and Gas

Related Stories

SLB Misses Profit Estimates for First Quarter of 2025

SLB Misses Profit Estimates for First Quarter of 2025

Vantage Drilling Lines Up $80M Job for Platinum Explorer Drillship

Vantage Drilling Lines Up $80M Job for Platinum Explorer Drillship

Chevron Starts Production at Ballymore Subsea Tieback Project in Gulf of America

Chevron Starts Production at Ballymore Subsea Tieback Project in Gulf of America

Current News

Petrobras Aims to Lure Chinese Investments to Brazil's Naval Sector

BOEM Seeks Public Comment for Eleventh National Outer Continental Shelf Oil and Gas Leasing Program

Phoenix Welcomes New Project Manager for AUV Division

Nexans to Deliver Subsea Cables for Second Malta-Sicily Interconnector

Subscribe for OE Digital E‑News

Offshore Engineer Magazine