State-owned Saudi Aramco has awarded Saipem two new contracts in the Kingdom worth over $3.5 billion, the Italian oil and gas contractor said in a statement.
The two projects, encompassing engineering, procurement, construction and installation, have been awarded to the onshore E&C division and involve the development of the land facilities of the Berri and Marjan gas fields.
“This commitment allows for the realization of industrial processes to exploit natural resources with maximum respect for the environment and the reduction of the carbon footprint,” Saipem's CEO, Stefano Cao, said.
The first contract, PKG-01 Expand Abu Ali Crude & KGP Gas Facilities for the Berri field, revolves around the expansion, through the installation of new process units, of the Abu Ali oil-gas separation plant located on the island of the same name.
The second contract, Gas Treatment and Sulfur Recovery related to the Marjan field, concerns the construction of a gas treatment unit and of another unit for the recovery of acid gases for sulfur production.
“The treatment of acid gases will almost completely eliminate the release of sulfur oxides into the environment. More than 99.9 percent of the gases will be recovered and CO2 emissions into the atmosphere will comply with the most stringent international standards,” the statement said.
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