Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation, Construction) assigned by the shopper Saudi Aramco for a complete quantity of roughly $1.three billion as a part of the Long Term Agreement for offshore actions in Saudi Arabia, renewed in 2015 and in pressure till 2021.

These two contracts seek advice from, respectively, the event of offshore fields in Berri and Marjan, situated within the Arabian Gulf, that are among the many most necessary offshore fields within the Region.

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Saipem actions embody the design, engineering, procurement, development, set up and implementation of subsea programs along with the laying of pipelines, subsea cables and umbilicals, platform decks and jackets.

Source: www.worldoil.com

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