Search
Close this search box

Saipem Lands $400 Million Safaniya Offshore Scope

Saipem has secured about $400 million in offshore work from Aramco in Saudi Arabia, covering water injection facilities, pipeline, cables and subsea scope at the Safaniya field.
Image source: Saipem

SHARE ARTICLE

Saipem has won two offshore contracts from Aramco in Saudi Arabia with a combined value of about $400 million under an existing long-term arrangement between the companies.

The work is tied to the Safaniya field, among the world’s largest offshore oil fields. In the first award, Saipem is responsible for engineering, procurement, construction and installation of a water injection tie-in platform, two water injection wellheads, about 5 km of 24-inch pipeline and roughly 15 km of 15 kV cables.

The second award covers EPCI work for four more water injection wellheads and related subsea facilities at the same field. The contractor said offshore activities will be carried out with construction vessels already operating in the region.

Fabrication for the projects will be handled at Saipem’s yard in Saudi Arabia through Saipem Taqa Al-Rushaid Fabricators. The company said the yard continues to support the growth of local industrial capabilities.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
NMDC Energy expects completion of three offshore EPC projects within 18 to 23 months. The company disclosed their combined value but did not identify the fields or provide individual package prices.
Saipem and MDC will consider joint ventures, consortia and project-specific agreements, while a joint committee coordinates cooperation that could include training, asset management and project support.
Arabian Drilling has signed a four-year SAR 2 billion contract with Khafji Joint Operations for four offshore jack-up rigs, lifting its total backlog to approximately SAR 18 billion.

Subscribe to HMT WEEKLY

Receive HMT WEEKLY in your mailbox.

Heavy Marine Transport News, Delivered Daily — Stay informed on shipping, offshore, and global logistics.

SECTION

INFORMATION

CONTACT

For general inquiries and to contact us,
please email: info@hmt-news.com