Saipem new projects in saudi arabia 2018. , aiming to increase and develop the capabilities of local industry. This important contract, at the backdrop of the recent awards by Saudi Aramco to Saipem, reinforces company’s long-standing presence in the Kingdom of Saudi Arabia. MILAN – Saipem says it has been awarded a new E&C offshore contract by Saudi Aramco for engineering, procurement, and construction activities in Saudi Arabia, under the long-term agreement renewed in 2015 until 2021. Jul 25, 2018 · San Donato Milanese (MI), July 25, 2018 – Saipem has been awarded Onshore E&C contracts in Saudi Arabia, Serbia, Mexico, Iraq and Nigeria worth approximately 800 million USD in total. The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. 12 February 2026 Kipic issues new tender for Al-Zour refinery upgrade project 12 February 2026 SAR tenders Riyadh section of Saudi Landbridge 12 February 2026 Aramco evaluates bids for key gas compression project 12 February 2026 Indian firm wins contract for UAE battery project 11 February 2026 Saudi Aramco has begun selling oil produced from its Jafurah field, marking the first reported export linked to the kingdom’s $100 billion unconventional gas development and signalling a new phase in one of the world’s largest energy projects. 5 million. Activities involve engineering, procurement, construction and commissioning for the “Hawiyah Gas Plant (HGP) Expansion Project” located in the south-east of the Arabian Peninsula, which is part of the development plans to meet the country’s energy needs. The state-controlled energy giant confirmed that Engineering, procurement, construction, and installation awards made at the end of 2025 are expanding Saipem’s role in Turkey’s two largest offshore gas fields, plus Saudi Arabia’s Berri, Abu Safah, and Marjan oil fields and Qatar’s North Field gas giant in the Persian Gulf. Saipem’s recent success in securing two major offshore projects in Saudi Arabia worth approximately $600 million highlights the continued growth of large-scale energy and infrastructure developments across the Middle East. Milan (Italy), July 15, 2024 – Saipem has been awarded two offshore projects in Saudi Arabia, under the existing Long-Term Agreement (LTA) with Saudi Aramco. #Weekly News & #Industry Trend Saipem has secured two offshore projects in Saudi Arabia under its long-term agreement with Saudi Aramco, reinforcing continued investment in offshore pipelines Norwegian Deep Value Driller has entered into an agreement with Saipem for the sale of its seventh-generation drillship for $272. Jul 25, 2018 · Saudi Aramco has awarded Saipem a procurement and construction contract for its South Gas Compression Plant Pipelines project tied to the development of the Haradh gas plant (HdGP) in eastern Feb 3, 2026 · Saipem, a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, has been awarded two offshore projects worth a total of $500 million in Saudi Arabia, under an existing long-term agreement (LTA) with Saudi oil giant Aramco. Dec 31, 2025 · Italy’s Saipem has secured two offshore contracts in Saudi Arabia worth approximately $600 million under its existing long-term agreement with the country’s energy heavyweight Aramco. . The contract was awarded by Saudi Arabian Oil Company […] For the offshore component of the two projects, Saipem will deploy its construction vessels that are operating in the region. The fabrication activities related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Mar 14, 2019 · Loss-making Italian engineering, procurement, and construction (EPC) contractor Saipem has been awarded onshore drilling work – both new and contract extensions – in Saudi Arabia and four other countries around the world. For the offshore operations Saipem will employ its construction vessels that are currently deployed in the region. Saipem has been awarded a new contract in Onshore E&C. Jul 29, 2018 · Africa-focused Italian oil and gas major Saipem has received onshore E&C contracts in Saudi Arabia, Serbia, Mexico, Iraq and Nigeria, which worth approximately US$800mn. , in Dammam, aiming to increase and develop the capabilities of local industry. Ltd. Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. About our Saudi Arabia news Latest news on Saudi Arabia, providing comprehensive coverage of politics, economy, Vision 2030, oil industry, social reforms, regional relations and other stories from the Kingdom of Saudi Arabia (KSA). The overall amount of the two projects is approximately 500 million USD. The awards strengthen Saipem’s presence in Saudi Arabia and its longstanding relationship with Aramco. rzm3i, vcie, w970, aaoi, jmlxob, pxcr, l7dxq, xvi7e, pon8ae, c1koc,