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03 AUG 2026 MONDAY
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Italy’s Saipem has secured a new offshore contract in Saudi Arabia worth approximately $500 million under its existing long-term agreement with the country’s energy heavyweight Aramco. Under the contract release purchase order (CRPO), Saipem’s scope of work includes the engineering, procurement, construction and installation (EPCI) of a 48-inch trunkline, comprising approximately 65 kilometers offshore and 12 kilometers […]
Saudi Arabia Saipem Taqa Al Rushaid Fabricators Abu Safah Offshore Energy Italy CRPO EPCI Safaniya Al-Rushaid Dammam Berri Marjan Take Join
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news Offshore Energy ·2026-02-24

Saipem’s agreement with Aramco takes it to ‘one of world’s largest offshore oil fields’

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