Subsea7 secures pipeline deal from Saudi Aramco

11:22 AM (Mecca time) Argaam
Saudi Aramco’s logo; it awards Subsea7a major contract under a long-term agreement (LTA) to develop offshore facilities in Saudi Arabia

Saudi Aramco’s logo; it awards Subsea7 a major contract under a long-term agreement (LTA) to develop offshore facilities in Saudi Arabia

Subsea7 announced that it has secured a major project under a long-term agreement (LTA) with Saudi Arabian Oil Co. (Saudi Aramco) for offshore facilities in Saudi Arabia.

 

The company stated in a statement that the contract covers engineering, procurement, construction, and installation (EPCI) of in-field pipelines and a 106-kilometer export pipeline.

 

For more news and details on the projects

 

Subsea7 added that the project’s value ranges between $750 million and $1.25 billion, noting that it also includes modifications to existing topsides and related tie-in activities.

 

Project management and engineering works will begin immediately from its offices in Saudi Arabia and the UAE, while offshore work is scheduled for 2027 and 2028, it added.

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