Saipem awarded $400-million E&C contract from Saudi Aramco


MILAN -- Saipem has been awarded a new E&C offshore contract by Saudi Aramco for engineering, procurement, construction (EPC) activities in Saudi Arabia, under the long-term agreement renewed in 2015 until 2021. The contract’s main scope of work includes the engineering, procurement and construction of a new offshore pipeline replacing an existing one, as well as other miscellaneous activities for the upgrade of the Manifa water injection system.

Saipem has also been assigned additional works regarding previously awarded projects in the Offshore E&C in West Africa.

The total value of these new awards is approximately $400 million.

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