Saipem awarded two offshore contracts in Saudi Arabia
Published by Isabel Stagg,
Editorial Assistant
World Pipelines,
Saipem has been awarded two offshore contracts in Saudi Arabia under its existing Long-Term Agreement with Saudi Aramco.
The overall value of the two contracts is approximately US$1 billion.
Saipem’s scope of work under the first contract involves the engineering, procurement, construction, and installation (EPCI) of three production deck modules (PDMs), 33 km of subsea rigid pipelines with diameters of 12 in. and 16 in., and 34 km of subsea power cables. The infrastructures will be installed in the Marjan oil and gas field.
The second contract involves the EPCI of three jackets, five PDMs (Production Deck Modules), 22 km of subsea rigid pipelines with a diameter of 16 in., 5 km of subsea flexible pipelines, and 35 km of subsea power cables. The infrastructures will be installed in the Zuluf and Safaniyah oil fields.
For the offshore component of the two projects, Saipem will deploy its construction vessels that are operating in the region.
The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Ltd., aiming to increase and develop the capabilities of local industry.
The awards strengthen Saipem’s presence in Saudi Arabia and its longstanding relationship with Aramco.
Read the latest issue of World Pipelines magazine for pipeline news, project stories, industry insight and technical articles.
World Pipelines’ August 2024 issue
The August 2024 issue of World Pipelines includes a keynote section on pipeline project management, technical articles on inspection, condition assessment, servicing, and surface preparation. We also cover OT software, CO2 and hydrogen pipelines, and pipeline construction topics.
Read the article online at: https://www.worldpipelines.com/contracts-and-tenders/04092024/saipem-awarded-two-offshore-contracts-in-saudi-arabia/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Energy industry faces short-term instability, yet remains optimistic about long-term prospects, DNV report reveals
The energy industry is braced for short-term uncertainty caused by global instability, but remains optimistic in the long-term, according to DNV’s annual Energy Industry Insights survey.
