Italian oil and gas contractor Saipem secured an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco as part of the long-term agreement (LTA) in force until 2021.
The scope of work encompasses the design, engineering, procurement, construction and installation of a 36” carbon steel pipeline onto the existing network around the Ju’aymah area and brownfield services at the associated offshore platform.
The work is part of several EPCI contracts awarded to Saipem for more than $500 million (SAR 1.8 billion) in various countries around the world.
“A good start to the year for the E&C Offshore division and confirmation of the strategic positioning of the company in the Middle East and West Africa,” Francesco Racheli, Saipem E&C Offshore Division COO, said.
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