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03 AUG 2026 MONDAY
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Saipem has secured two new offshore contracts with Saudi Arabia’s Aramco, worth approximately $400 million, adding to the $500 million award announced in February for the same project. Under the contract release purchase order (CRPO) reported two months ago, Saipem’s scope of work includes the engineering, procurement, construction and installation (EPCI) of a 48-inch trunkline, comprising […]
Aramco EPCI Saudi Arabia CRPO Safaniya Saudi Fabrication Yard Saipem Taqa Al Rushaid Fabricators Abu Safah Offshore Energy Al-Rushaid Berri Marjan Take Join
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news Offshore Energy ·2026-04-16

With two new deals, Saipem’s contract value for Saudi field reaches $900 million

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