The world’s largest oil producer Saudi Aramco has awarded Italian oil and gas contractor Saipem an EPCI contract as part of a long-term agreement in force until 2021.
The scope of work on the contract offshore Saudi Arabia includes 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 contract is among several EPCI contract wins for Saipem worth more than $500m collectively.
In West Africa, Saipem has been assigned a contract by Eni Angola related to Cabaça and Agogo Early Phase 1 developments. The scope of work includes the EPCI of risers, production flowlines, jumpers, and the installation of a subsea production system (SPS) in water depths ranging from 400m to 600m, which will be carried out by Saipem vessels FDS and Saipem 3000.
In Equatorial Guinea, Saipem has also signed a contract with Noble Energy for the offshore installation of a 70km gas pipeline connecting the Alen Platform to Punta Europa on the coast.
Saipem has also been awarded minor contracts related to two other offshore transportation and installation contracts in the Middle East and the Gulf of Mexico.
Commenting on the contract wins, Saipem E&C Offshore Division’s COO, Francesco Racheli, said: “These new contract awards confirm the diversified nature of our core market segments and contribute to consolidating the historic relationship with our clients who know they can constantly rely on our support in order to pursue their safety, efficiency and reliability targets.”
