Saipem new projects in saudi arabia 2021. The value of signed contract is SAR 57.

Saipem new projects in saudi arabia 2021 The total value of orders was USD 450 million. EPC agreement, mou, Namaat Investment Industrial Programs, Nasser S. Feb 29, 2024 · Saipem, which in 2020 signed a 12-year deal with Aramco for onshore engineering and construction activities, had annual average orders of around 1. 489 million, of which €2,344 million to be executed in the second half of 2024. The project, part of Saipem’s Long-Term Agreement (LTA) with Aramco, involves engineering, procurement, construction, and installation of various offshore infrastructure, including wellhead platforms, flowlines, and cables. At the offshore Abu Safah Field , Saipem has EPCI responsibilities for a new 50-km, 42-inch oil trunkline. Saudi Arabia has publicly tendered over 6. Sep 22, 2021 · Saipem is a part of Aramco’s coveted long term agreement (LTA) arrangement with international offshore contractors and has executed several greenfield and brownfield developments in Saudi Arabia Dec 7, 2021 · McDermott continues its decades-long partnership with Saudi Aramco with three new awards for engineering, procurement, construction and installation (EPCI) projects. SAIPEM SpA - Registered office: Via Luigi Russolo, 5, 20138, Milano - Italy Corporate capital: 501. Dec 27, 2023 · In November 2023, Saudi Power Procurement Company (SPPC) kicked off the procurement process for the fifth round of Saudi Arabia’s National Renewable Energy Programme, issuing the request for qualifications for a new batch of four solar power plant projects. Al Hajri Corporation sign an EPC agreement with Saudi Aramco. Jul 15, 2024 · 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. 788744 Saipem: agreement with Aramco and Nasser S. The seven-year project is set to create more than 400 jobs for Wood staff at its peak, predominantly based in Al-Khobar, Saudi Arabia. Sep 21, 2021 · Italian oilfield services provider Saipem and Saudi oil and gas giant Saudi Aramco will explore the possibility of setting up a potential new company in Saudi Arabia for offshore engineering and construction operations. 66 billion) from the Saudi company between 2021 and 2023. Sep 23, 2024 · 15/07/2024 - Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD; 12/07/2024 - Saipem: framework agreement with BP for offshore activities in Azerbaijan; 21/05/2024 - Saipem: three new contracts awarded by TotalEnergies E&P Angola Block 20 for the Kaminho project for an overall amount of 3. The awards strengthen Saipem’s presence in Saudi Arabia and its longstanding relationship with Aramco. Italy’s Saipem announced in a statement that it has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia. "(Saipem's) new business plan already includes a 20% cut in orders from Saudi Arabia compared with the previous period Oct 13, 2021 · SAUDI ARABIA – Gulf Co-Operation Symbols (GCS), a member of Sadeen Group, has been awarded three contracts by Saipem and Saudi Aramco to execute civil and infrastructure works for the new processing facilities at Saudi Aramco’s existing plants, Khursaniyah and Abu Ali, under the Berri increment program. This comes close on the heels of Saipem's recent contract win for offshore EPC services from QatarEnergy LNG as part of the Combined COMP3A & COMP3B of the North Field Production Apr 16, 2021 · Global energy firm, Saipem announced in a statement that it has received by Qatargas the confirmation of the exercise of two options for additional scope of work within the North Field Production Sustainability Offshore Project (EPC package), the award of which was announced earlier in beginning of 2021 San Donato Milanese (Milan), November30, 2017 – Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for . The Saipem project unfolds over three simultaneous work fronts, with the two main construction sites located 80 km from each other while the third one constantly advances as the pipeline progresses between the two main sites from Ras Markaz to Duqm. Sep 3, 2024 · Saipem, which in 2020 signed a 12-year deal with Aramco for onshore engineering and construction activities, had annual average orders of around 1. 8GW. The scope of work involves the engineering, procurement, construction, and installation of five platforms and associated subsea pipelines, flowlines, and cables in the Marjan field, offshore Saudi Arabia, featuring an May 24, 2021 · The successful bid for the Berry oil and gas processing project is another large-scale overseas project won by the Sinopec Corporation in the epidemic crisis as a market development opportunity in Saudi Arabia, statement said. The contract’s main scope of work includes the engineering, procurement and construction of a new 42” offshore pipeline replacing an Jun 15, 2021 · Saipem announced in a statement that it has received a Letter of Award from ADNOC Sour Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), for a new contract related to the Optimum Shah Gas Expansion (OSGE) & Gas Gathering project in the United Arab Emirates. . COM Jul 14, 2022 · The initiative by Saipem follows the MoU signed and announced in September 2021, under Aramco’s Namaat Investment Industrial Programs. 3 million. The backlog at the end of 2022 stood at €24,017 million, of which over 50% from Offshore business projects. The scope of the work orders wasn’t disclosed but mentioned that they would be included in the backlog in the second quarter. Al Hajri Corporation, Saipem, Saudi Arabia, Saudi Aramco. Oct 4, 2021 · The project involves mobilization of Saipem’s 3,000HP drilling rig “5864” to Sharjah and the drilling of 3 firm development and exploration wells. Sep 18, 2024 · Milan (Italy), September 18, 2024 – Saipem has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia. Nov 30, 2017 · Offshore staff. Saipem confirmed the development in a social media Jan 21, 2019 · The contract will see BHGE provide drilling services, coiled tubing services and drilling fluids engineering services for the Marjan oilfield, which is the first of three major offshore expansions taken up in Saudi Arabia. Nov 30, 2021 · The 2 trillion won order is part of the $10 billion contracts Aramco has awarded to Saudi Arabian and global companies. Saipem said the initiative was (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of approximately 1,3 billion USD as part of the Long Term Agreement for offshore activities in Saudi Arabia, renewed in 2015 and in force until 2021. Sep 21, 2021 · Saipem announced in a statement that it has signed a Memorandum of Understanding (MoU) with Saudi Aramco, aimed at exploring the possibility to establish a new entity in Saudi Arabia for the execution of engineering and construction activities in the industrial sector. Nov 30, 2021 · DUBAI: Saudi Arabia’s oil giant Aramco has signed $10 billion worth of contracts to kickstart the development of its massive Jafurah unconventional gas field. For Electro-Mechanics (Capital Lights). DEEP-W. Feb 25, 2020 · SAIPEM SpA - Registered office: Via Luigi Russolo, 5, 20138, Milano - Italy Corporate capital: 501. In Saudi Arabia, Saipem was awarded a contract from Saudi Aramco, under the current Long Term Agreement (LTA), a project involving the engineering, procurement, construction and installation of five platforms and related subsea pipelines, flowlines and cables in the Marjan field, offshore of Saudi Arabia, with an entirely on-site fabrication scheme. Saudi Aramco has awarded South Korean contractor Samsung Engineering a key package of its estimated $3. 8993 NBC Building Route 615, King Abdulaziz Road Adh Dhahran Industrial District P. Both involve the installation of platforms in the waters of the Gulf. Mar 9, 2021 · Siemens awarded $15million 380kV Reactors project in Saudi Arabia. Sep 21, 2021 · Italian energy industry engineering and construction firm Saipem has signed a Memorandum of Understanding (MoU) with the Saudi oil giant Saudi Aramco to explore the possibility of forming a new entity for engineering and construction activities in the energy and infrastructures industrial sector in Saudi Arabia. Al Hajri Corporation (NSH) and Aramco to launch a new entity in Saudi Arabia. Sep 6, 2024 · Italian oil and gas contractor Saipem has won two deals worth $1bn from Aramco, Saudi Arabia’s state-owned oil company. The initiative, known as the Haradh and Hawiyah Increment, forms a vital component of Saudi Aramco’s strategy to augment gas production and facilitate energy transition within the Kingdom. The Projects are awarded under the existing Long-Term Agreement (LTA) with Saudi Aramco. 66 billion) from Saudi Aramco. Saipem said that the agreement is meant Oct 19, 2022 · San Donato Milanese (Italy), 19 October 2022 – Saipem has been awarded a contract by Qatargas for the North Field Production Sustainability Offshore Compression Complexes Project – EPC 2 located offshore the north-east coast of Qatar. Ltd. Jan 11, 2024 · The project, known colloquially as the "Haradh and Hawiyah Increment," is situated in the arid eastern desert region of Saudi Arabia. Feb 22, 2021 · The project aims at increasing the early gas field production capacity to 110 million tonnes per annum. Read Also: Projects awarded during April 2021 in Gulf Countries Sep 19, 2024 · Following a recent string of multibillion-dollar offshore assignments in the Middle East, Italy’s engineering, drilling, and construction services provider Saipem has won another such deal for work at an oil and gas field off the coast of Saudi Arabia, which the country’s energy giant Aramco operates. 669. (read more) Jul 16, 2024 · Saipem has secured two offshore projects worth $500 million in Saudi Arabia, under an existing long-term agreement with Saudi state-owned oil giant Aramco. May 17, 2021 · Italy’s Saipem announced in a statement that it has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia. Nov 30, 2021 · The project involves the construction of a hydrocarbon collection system and the transport of gas and condensate to the new Jafurah plant, in the Eastern Province of Saudi Arabia. May 17, 2021 · Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of 5 and 10 years, respectively, and a new contract in Colombia for a duration of 4 years. The company’s scope of work for the first project involves the EPCI of a 42-inch crude trunkline of around 50 kilometres in length for the Abu Safa field. 5 billion USD. The major undertaking aims to extend the life of gas wells in the Haradh and Hawiyah fields. Sep 16, 2024 · Between 2021 and 2023, the company averaged annual orders of about €1. The net financial position at the end of 2022 stood at €264 Sep 19, 2024 · 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. 2bn worth contract from Petrobel Sep 19, 2024 · Saipem stated: “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. eoc list 2022, mcdermott, Middle East, NPCC, Saipem, top 10 epc contractors. This major initiative of fabricating platforms for the offshore oil and gas fields is the first of its kind in the Kingdom of Saudi Arabia. 14bn ($12bn) integrated gasification and power generation facility is being developed through a joint venture partnership between Saudi Aramco (20%), Air Jul 15, 2024 · Saipem announced in a statement that it has been awarded two offshore projects in Saudi Arabia. Under the scope of the contract, Saipem will design, engineer, procure, construct and install 19 jackets for fields of Marjan, Zuluf An extraordinary project. 6GW of renewable energy capacity since 2017 Mar 7, 2017 · 15/07/2024 - Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD; 12/07/2024 - Saipem: framework agreement with BP for offshore activities in Azerbaijan; 21/05/2024 - Saipem: three new contracts awarded by TotalEnergies E&P Angola Block 20 for the Kaminho project for an overall amount of 3. 7 billion USD Top Clients who announced projects in Q4 2021 (by value of projects) Name Saudi Aramco Yanchang Petroleum International Royal Commission of Al Ula Public Investment Fund (PIF) Ministry of Housing, Saudi Arabia Mada Group for Industrial and Commercial Investment Saudi Electricity Company (SEC) Saudi Industrial Property Authority (Modon) Tilal Mar 5, 2024 · It will include 418 million standard cubic feet per day of ethane and approximately 630,000 barrels per day of gas liquids and condensates. Saipem has been awarded a contract in Saudi Arabia by Saudi Arabian Oil Company (Saudi Aramco) for procurement and construction in relation to the South Gas Compression Plant Pipelines project for the development of the Haradh gas plant (HdGP), located in the Feb 29, 2024 · Saipem, which in 2020 signed a 12-year deal with Aramco , opens new tab for onshore engineering and construction activities, had annual average orders of around 1. 6% compared to the corresponding period of 2023, as an effect of the higher volumes in the Sub-Saharan Africa, Italy and Middle East. Norbert Plambeck, shareholder of Plambeck Emirates LLC, stated: "The development of the 500 MW floating offshore wind farm project is part of the new 5 GW "Wind Market” concept, which has been proposed to Jul 6, 2017 · Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for EPCI (Engineering, Procurement, Construction, Installation) activities and T&I (Trunklines & Installation) works in Saudi Arabia, under the Long-Term Agreement in force, renewed in 2015 until 2021. 790,83 € fully paid-up - Taxpayer’s code and VAT number: 00825790157 - Economic and Administrative Business - Register Milan no. Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long Term Agreement renewed in 2015 until 2021 The contract’s main scope of work . It continuously contributes to the construction of components for the Arabian Gulf. “Saudi Arabia has been a core market to Saipem from the outset and our ambition is to maintain our EPC leading role in the country. The project involves the construction of a hydrocarbon collection system and the transport of gas and condensate to the new Jafurah plant, in the Eastern Province of Saudi Arabia. O. 66 billion) from the Saudi group between 2021 and 2023. SAIPEM. Towards a sustainable business Jul 14, 2022 · Saipem said on Thursday that the agreement is meant for “the execution of onshore EPC projects in the kingdom by a newly established entity, to be incorporated by Saipem and NSH in Saudi Arabia”. The total of orders acquired by the Onshore Drilling division since the beginning of 2021 thus exceeds 250 million dollars. 51bn) contract from Saudi Aramco for the development of the Marjan oil and gas Dec 17, 2021 · The offshore player said that as a part of the new contracts “McDermott will provide EPCI of four drilling jackets and seven oil production deck modules in Saudi Arabia's Zuluf, Ribyan, Abu Sa Jul 2, 2017 · Saipem has secured E&C offshore contract from Saudi Aramco for EPCI activities and trunk lines and installation (T&I) works in Saudi Arabia, under a long-term agreement, which was renewed in 2015 until 2021. The Project has been awarded to Saudi based Construction Company, Capital Lights Co. Jul 24, 2024 · Backlog as of June 30, 2024: €12. R C Saipem 12000 Saipem 10000 Santorini* Scarabeo 9 Scarabeo 8 Scarabeo 5** Perro Negro 8 Perro Negro 7 Pioneer* Sea Lion 7* Perro Negro 9* Perro Negro 4 ASSET LIGHT STRATEGY TO PLAY THE EXPECTED CYCLICAL RECOVERY Oct 30, 2024 · We look forward to applying our global capability to deliver this world-scale project”. The engineering and construction company did not provide the exact value of the contract, but specified that as per its classification, the large project is in the range of USD 51 million to USD 150 million. Jul 14, 2022 · San Donato Milanese (MI), July 14, 2022 — Saipem and the Saudi construction company, Nasser S. Since 2008, 'Saipem Taga Al-Rushaid Fabricators Company Ltd' (STAR) has been operating in the Middle East region. An extraordinary project. The Project was awarded by Qatar Gas. quarter of 2023; the project is a concrete expression of Saipem’s ability to carry out large integrated onshore/offshore projects for its clients. Mobilization has commenced and the first well is scheduled to be spudded at the end of 2021/early 2022. Saipem is “One Company” organized into business lines: Asset Based Services, Drilling, Energy Carriers, Offshore Wind, Sustainable Infrastructures, Robotics & Industrialized Solutions. On Nov. Aug 21, 2024 · The Saudi state-owned giant recently awarded a key project, dubbed Contract Release Purchase Order 127 (CRPO 127) to Italy’s Saipem for the additional offshore infrastructure required for the Thanks to its long-term presence in the Kingdom of Saudi Arabia, Saipem already contributes significantly to the Saudization plan through the jobs created directly and indirectly by its activities, its purchases of local goods and services and its technology transfer and training initiatives towards local employees. Jun 28, 2022 · Saipem announced in a statement that it has been awarded several contracts, both onshore and offshore, in the Middle East worth approximately 1,250 million USD. Picture taken November 19, 2015. 5 billion ($1. Jun 27, 2023 · 15/07/2024 - Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD; 12/07/2024 - Saipem: framework agreement with BP for offshore activities in Azerbaijan; 21/05/2024 - Saipem: three new contracts awarded by TotalEnergies E&P Angola Block 20 for the Kaminho project for an overall amount of 3. Sep 21, 2021 · Saipem signs Memorandum of Understanding (MoU) with Saudi Aramco for a potential new company in KSA 21/09/2021 Saipem and Saudi Aramco have signed a Memorandum of Understanding (MoU) aimed at exploring the possibility to establish a new entity in Saudi Arabia for the execution of engineering and construction activities in the industrial sector. To be called EPC National Champion, the venture will focus on executing onshore engineering, procurement, and construction (EPC) projects in Saudi Arabia. Jan 10, 2024 · The scope of work encompassed the procurement and construction of a system of pipelines of various diameters, with an overall length of over 700 km, and included flowlines, trunklines, and transmission lines, as well as associated facilities for the transportation of gas from various points of storage and distribution inside the facilities, such as liquid station separations, remote headers Jul 15, 2022 · Italian firm Saipem has signed an agreement with construction company Nasser S. Sep 15, 2024 · Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. The overall amount of the two projects is approximately 500 million USD. Contractors involved. *** Nov 29, 2021 · The Saudi Arabian Oil Company (Saudi Aramco) announced the start of development of the vast Jafurah unconventional gas field, the largest non-associated gas field in the Kingdom of Saudi Arabia. Al Hajri Corporation for a new entity in Saudi Arabia. Aramco has undertaken a $3. Nov 30, 2021 · Italy’s Saipem has landed an engineering, procurement and construction contract worth $750 million from Saudi Aramco that involves work on several kilometres of pipeline required for its giant Jul 15, 2024 · RIYADH, July 15, 2024 – Saipem has won two contracts from Aramco for projects offshore Saudi Arabia with a total value of USD 500 million, the Italian company said on Monday. ” The fabrication activities will take place at the Saudi fabrication yard Saipem Taqa Al-Rushaid Fabricators (STAR) in Dammam. Revenue for the first half of 2024 amounted to € 2,523 million and shows an increase of 6. Jul 28, 2008 · Saipem has been awarded new orders in the onshore worth a total of approximately 1. (Aramco), Saipem said in a news release. Jun 27, 2023 · After having recently expanded its presence in the area from three rigs in 2021 to seven expected at the end of 2023 thanks to the acquisition of various multi-year contracts, with this contract renewal Saipem sees, once again recognition of its commitment to executing projects efficiently with attention to safety and the environment in the Saipem, which has a framework agreement with Saudi Aramco to 2021, has a fabrication yard in Saudi Arabia that it says gives it advantages for local work. The £7. 788744 Jul 15, 2022 · As part of Saudi Arabia’s Namaat programme, Italian company Saipem has agreed to collaborate with Saudi Aramco and domestic player Nasser S Al Hajri Corporation (NSH) on the national engineering, procurement, and construction (EPC) champion initiative, which aims to boost local involvement in projects. Aug 31, 2022 · The Marjan oil and gas field is located in the Arabian Gulf (also known as the Persian Gulf), off the eastern coast of Saudi Arabia. Saipem is already executing the WHP12N Jacket project, awarded in July 2020, which is part of the North Field Production Sustainability Offshore Project development. In Saudi Arabia, it has been awarded a Contract under the Aramco LTA program . The company stated that the duration of contracts is 5 years and 10 years respectively. 63 billion Apr 18, 2024 · Saipem is a good company , I started to work here since 2008 until 2019, there are different nationalities who worked in the company saipem. Jul 27, 2023 · Saudi Arabia. MISSION Transform our clients’ strategies and projects into competitive and sustainable infrastructures, plants and processes. In September, Saipem secured a $2bn (SR7. Oct 6, 2022 · In November 2021, Bonatti Group entered into a commercial agreement to offer integrated solutions for the installation of PV solar power plants in Saudi Arabia, where the combination of the companies’ complementary technologies and competences will grant more benefits for the clients. It will position Saudi Arabia among the world’s largest natural gas producers. Nov 30, 2021 · San Donato Milanese (Italy), November 30, 2021 - Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. The company said it signed 16 Sep 19, 2024 · Saipem said earlier this month that it had won two other offshore contracts with Saudi Aramco, worth about $1bn in total, and an offshore contract worth $4bn with QatarEnergy, one of the world’s Mar 7, 2017 · San Donato Milanese (Milan), July 3, 2017 – Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for EPCI (Engineering, Procurement, Construction, Installation) activities and T&I (Trunklines & Installation) works in Saudi Arabia, under the Long-Term Agreement in force, renewed in 2015 until 2021. ” Moss Maritime has been working on a new floating solar park concept to capitalize on the potential for up to 400 GW of floating solar capacity globally, as estimated by the World Bank. The value of the contract is approximately 2 billion USD. and Saipem International BV. includes theengineer ing, Jan 9, 2024 · Italian oil and gas giant Saipem announced the successful completion of the South Gas Compression Plant Pipelines project in Saudi Arabia. , aiming to increase and develop the capabilities of local industry. The value of signed contract is SAR 57. Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for EPCI (Engineering, Procurement, Construction, Installation) activities and T&I (Trunklines & Installation) works in Saudi Arabia, under the Long-Term Agreement in force, renewed in 2015 until 2021. Jul 27, 2023 · Each year, Oil & Gas Middle East puts together a list of the top EPC players that have demonstrated excellence in upstream projects in the Middle East region. Saipem, a leading engineering and construction company, has been awarded a $750 million contract by global energy giant Aramco for the Jafurah gas project in Saudi Arabia. 5 billion euros ($1. Mar 10, 2021 · The Jizan integrated gasification combined-cycle (IGCC) power project located adjacent to Saudi Aramco’s Jizan refinery in Saudi Arabia will have an installed capacity of 3. Mar 2, 2020 · According to a statement, the new company aims to maximise local value creation and become a first-tier player in the execution of onshore construction works as well as of onshore pipeline EPC projects. May 20, 2023 · Saipem has recently completed with success the first phase of Sakarya Gas Field Development project, awarded by Turkish Petroleum OTC in 2021. in September 2021, under Aramco’s Namaat Investment Industrial Programs, focused on building national Jan 12, 2017 · Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long Term Agreement renewed in 2015 until 2021. 7bn offshore project by Qatargas. The first group of contracts concerns the extension of onshore drilling contracts in the Middle East for an overall amount of approximately 600 million USD. The project is especially complex, involving the engineering, procurement, construction, pre-commissioning, commissioning support and performance testing of a gasification unit, a soot and an ash removal unit, an acid gas removal unit and a hydrogen recovery unit, as well as six sulphur recovery unit (SRUs) trains and the associated storage facilities. *** Saipem Classification - General Use WHO WE ARE Saipem is an advanced technological and engineering platform for the design, construction and operation of complex, safe and sustainable infrastructures and plants. Exploration & Production, Industry Trends, International News, NEWS, offshore, oil Sep 6, 2024 · The fabrication related to the projects will be executed at Saipem’s local fabrication yard in Saudi Arabia, Saipem Taqa Al-Rushaid Fabricators. Back to the top 20. Jun 29, 2023 · Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a new offshore project. In total, McDermott will provide EPCI of four drilling jackets and seven oil production deck modules (PDMs) in Saudi Arabia's Zuluf, Ribyan, Abu Sa'fah and Safaniya fields located offshore in the Arabian Gulf. Mar 22, 2021 · Global Oil & Gas firm, Saipem announced in a statement that it has received a Letter of Award for a new contract related to the North Field Production Sustainability Pipelines Project located offshore and onshore, the North-East coast of the Qatar peninsula. Earlier this month, Saipem also awarded contracts worth $1 billion in Saudi Arabia. The project location is in Riyadh, Central region of Saudi Arabia. The Company has awarded subsurface and Engineering, Procurement and Construction (EPC) contracts worth $10 billion, with capital expenditure at Jafurah May 18, 2021 · Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of 5 and 10 years, respectively, and a new contract in Colombia for a duration of 4 years. In July 2024, Saipem announced that it had signed a framework agreement, leading a consortium with BP, to provide services for offshore projects in Azerbaijan. The combined value of the work is about $500 million. The project involves Jul 15, 2022 · Saipem and NSH form a joint venture in Saudi Arabia and ink EPC agreement with Aramco. Acquisitions in the fourth quarter of 2021, mainly in Brazil, Australia, Turkey and Saudi Arabia and worth approximately €2. 6 billion euro in Saudi Arabia and Nigeria. SEPCOIII stated that the Jubail 3B IWP is the fourth SWRO project to be executing in Saudi Arabia. 7 billion USD Jul 31, 2021 · Another example is Saipem’s MoU with Plambeck Emirates to develop a 500-MW floating offshore wind project in Saudi Arabia. The largest platform ever built in Saudi Arabia was the TP-9 deck, in 2016, with a weight of 3,200 t. The development covers an area comparable in size to a small country and has significantly amplified the Kingdom's daily gas production by approximately 1360 million ft3/d. The scope of work in the initial project comprises the provision of engineering, procurement, construction and installation (EPCI) services for a crude trunkline of approximately 50 km with a diameter of 42′ for the Abu Safa Field San Donato Milanese (Italy), November 30, 2021 - Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. The Saudi Arabian company Saudi Aramco has awarded Saipem the lump sum turn key contract for package No 1 of the Manifa Central Processing Facilities (CPF) project, in the frame of the Manifa Field Development Program Jul 30, 2018 · Saipem has been awarded onshore E&C contracts in Saudi Arabia, Iraq, Serbia, Mexico, and Nigeria worth approximately $800mn in total. In July it was awarded a procurement and construction contract in the country for the development of the Haradh gas plant in the east of the country. Dec 4, 2021 · Italian Bourse-listed oilfield services giant Saipem signed a $750m contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. V. Top 10 EPC contractors in the Middle East: NPCC, L&T, McDermott, and more. Jun 9, 2021 · Saipem awarded new contract extensions in Saudi Arabia. Jul 15, 2024 · Saudi Aramco has awarded Saipem two new offshore projects in Saudi Arabia, under the two companies’ long-term agreement arrangement. The contract has a total value of approximately USD 750 million. Dec 1, 2021 · The Saudi project also involves the construction of about 835 kilometres (519 miles) of pipelines. News. Sep 3, 2024 · The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. 7 billion USD Jun 29, 2023 · Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. Equipment Engineering Aug 9, 2021 · Saipem announced in a statement that it has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other … Share on: Click to share on WhatsApp (Opens in new window) Jul 16, 2024 · The two projects are under an existing long-term agreement (LTA) with Saudi Arabian Oil Co. Read all the latest news Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. Jun 30, 2022 · In March 2020, Saipem and AHQ signed an agreement to set up a JV firm in Saudi Arabia, while in February 2021, the firm was awarded a $1. The other contract has been assigned by EnQuest Heather Limited for the decommissioning of the existing Thistle A Platform, located in the UK sector of the North Sea, around 510 kilometres northeast of Initiating the new market in Saudi Arabia is an important opportunity to be seized and we are ready with Plambeck for this new challenge". They are good and friendly people when it comes to work they are very strict specially our seniors and big boss, working in saipem you can get more lessons and more experience because mostly people who work in the saipem are well experience, working in May 19, 2008 · 15/07/2024 - Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD; 12/07/2024 - Saipem: framework agreement with BP for offshore activities in Azerbaijan; 21/05/2024 - Saipem: three new contracts awarded by TotalEnergies E&P Angola Block 20 for the Kaminho project for an overall amount of 3. 66 billion from the Saudi company between 2021 and 2023. 3 billion (more than five times the value of the third quarter) and those in the first quarter of 2022 confirm the expectations of a recovery in Oil&Gas investment and Saipem's competitiveness in the reference markets. It supports Aramco’s strategy to increase gas production by more than half over 2021 levels, through 2030, subject to domestic demand. 29, Aramco stated it has awarded subsurface and engineering, procurement and construction (EPC) contracts worth $10 billion, with capital expenditure at Jafurah expected to reach $68 billion during the first 10 years of development. One covers the engineering, procurement, construction and installation of three production-deck modules (PDMs), as well as 33km of subsea pipelines and The Barzan Pipeline Project included the decommissioning and installation of new pipelines to deliver sour gas from three well sites with unmanned wellhead platforms, all located in the North Field Offshore of the State of Qatar, to an existing onshore Gas Plant located at Ras Laffan Industrial City, Qatar. "These awards are a Apr 3, 2023 · Saipem announced in a statement that it has been awarded three new offshore contracts and two competitive FEED contracts totalling approximately 650 million USD. 63 billion) from the Saudi group between 2021 and 2023. The project has been awarded to Saudi based construction company, Al Gihaz for Contracting, Trading & Tourism (Al Gihaz) Company. Owned and operated by Saudi Arabia’s state-owned oil and gas company Saudi Aramco, the offshore field is being expanded as part of the Marjan Crude Increment Programme. The contract value amounts to approximately 4. 7 billion USD Nov 14, 2019 · Saudi Electricity Company (SEC) awarded the project “110kV Arafat-1 Substation expansion project” The project location is in Makkah, western Region of Kingdom of Saudi Arabia. Hyundai E&C Nov 30, 2017 · San Donato Milanese (Milan), November 30, 2017 – Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long Term Agreement renewed in 2015 until 2021. Saipem, Nasser S. Saudi Arabia: Italy's Saipem secures $1 billion in contracts from aramco. Saipem will also build a system to transport water associated with the separation of the treated gas. Sep 18, 2024 · 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. Sep 21, 2021 · A staff member is seen on the Saipem 10000 deepwater drillship in Genoa's harbour, Italy, November 19, 2015. “The project involves the construction of a hydrocarbon collection system and the transport of gas and condensate to the new Jafurah plant, in the Eastern Province of Saudi Arabia,” said Milan-based Saipem. The aim of the company is to fabricate offshore structures & accessories at King Abdul Aziz Port of Dammam. 5bn project to build a greenfield plant to process unconventional gas from the Jafurah onshore field. Al Hajri Corporation (" NSH "), have signed with Aramco an industrial national engineering, procurement, and construction (EPC) champion implementation agreement (the " Agreement "), as part of Namaat Industrial Investment Programs event, for the execution of onshore EPC projects in the Kingdom by Sep 4, 2024 · The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Dec 1, 2021 · Saipem seals $750m EPC contract for Saudi gas project . The Kuwait Oil Company (KOC) awarded a contract worth approximately $850 million to Saipem, in August, to construct a pipeline system for the new El Zour refinery, Egypt Oil & Gas previously reported. Sep 7, 2021 · Namaat means (collective) growth in Arabic and the program aims to tap into the vast opportunities available in Saudi Arabia to create new value, and drive economic expansion and diversification. Oilfield field services provider Saipem was awarded an EPC contract valued at $750m in November 2021. Box 30251 - Dhahran 34521 - SAUDI ARABIA View on map Sep 9, 2024 · SAIPEM SpA - Registered office: Via Luigi Russolo, 5, 20138, Milano - Italy Corporate capital: 501. According to Oil & Gas Middle East , Saipem has averaged annual orders of around $1. In June, ADNOC awarded a $510mn EPC contract to Saipem for the Shah gas plant upgrade. Apr 28, 2021 · Global energy firm, Saipem announced in a statement as part of first quarter 2021 results, that it has awarded Four work orders from Saudi Aramco. 788744 Dec 20, 2023 · Access New Project Contract award and tender information in Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and United Arab Emirates (UAE), Riyad, Dubai, Jeddah, NEOM, Red Sea Development, Amaala, ROSHN, Diriyyah Gate, Qiddiya Sep 22, 2021 · Earlier, during June 2021, Saudi Arabia’s SWPC awards the Jubail 3B IWP to the consortium of Engie, NESMA, Alajlan Global Commercial operation date of the Jubail 3B IWP will be in the first quarter of 2024. (Reuters) Jan 4, 2024 · The project presented challenges from a logistics, safety, security, and project management point of view, Saipem commented in the post. Taqa Al-Rushaid for Marine Works Co. Saipem also stated that it secured a new contract in Colombia for a duration of 4 years. Saipem’s scope of work under the first project involves the Jul 15, 2024 · 15/07/2024 - Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD; 12/07/2024 - Saipem: framework agreement with BP for offshore activities in Azerbaijan; 21/05/2024 - Saipem: three new contracts awarded by TotalEnergies E&P Angola Block 20 for the Kaminho project for an overall amount of 3. Saudi Aramco Saudi Arabia Eni Mexico Saudi Aramco Saudi Arabia Saudi Aramco Saudi Arabia STD Petrobel Egypt A V. The contract has a total value of approximately US$750 million. 7 billion USD Dec 1, 2021 · Saipem, a leading engineering and construction company, has won a $750-million EPC contract from global energy giant Aramco for its Jafurah gas project in 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. Jan 10, 2024 · In a recent update on LinkedIn, Saipem, a global engineering firm, announced the completion of a significant pipeline project in Saudi Arabia. For Saipem, the latest contracts related to the two offshore Arabian fields follow a $1. Nov 30, 2021 · 15/07/2024 - Saipem awarded two offshore projects in Saudi Arabia worth approximately 500 million USD; 12/07/2024 - Saipem: framework agreement with BP for offshore activities in Azerbaijan; 21/05/2024 - Saipem: three new contracts awarded by TotalEnergies E&P Angola Block 20 for the Kaminho project for an overall amount of 3. The value of contract is over USD 1 billion. May 11, 2021 · Saudi Electricity Company (SEC) awarded the project Connection of NEMAR Substation 8375 with the 132kV network. Nov 29, 2023 · Saipem has been awarded two new contracts, the first by Eni Congo and the other by bp, for a total value of about $700 million. The total value of the new contracts is approximately $1 billion. Sep 20, 2024 · Saipem has been awarded a $2 billion offshore contract with Saudi Aramco for the development of the Marjan oil field in Saudi Arabia. Siemens Company Limited, Saudi Arabia signed an EPC contract for the Installation of 380kV reactors at Hail-3 Substation. *** Apr 28, 2021 · The first LTA Project was awarded by Saudi Aramco, during February 2021 . The Project location is in Hail, Central region of Saudi Arabia. The value of new contracts, equal to €12,941 million, is almost double compared to 2021, thank to significant acquisitions of new contracts mainly in the Middle East. Dec 3, 2017 · Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for Engineering, Procurement, Construction (EPC) activities in Saudi Arabia, under the Long Term Agreement renewed in 2015 until Jan 5, 2024 · Italian engineering and construction giant Saipem has completed work on Saudi Aramco’s strategic South Gas Compression Plant pipeline project. The project involves the construction of a hydrocarbon collection system and the transport of gas Sep 4, 2024 · Saipem, which signed a 12-year agreement with Aramco in 2020 for onshore engineering and construction activities, has averaged annual orders of around 1. Courtesy Mellitah Oil & Gas B. Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected for a new offshore project. 5bn Jafurah gas processing plant project. New platform for Marjan field; Source Feb 13, 2024 · 11/30/2021 - Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. 7 billion USD Dec 3, 2017 · The total value of the Saudi Arabia and West Africa newly agreed projects’ work is estimated at around $400 million. The backlog at the end of 2023 stood at €29,802 million, of which over 70% from Offshore business projects, both Engineering & Construction and Drilling. saudi arabian saipem co ltd. vmdyc lpemy gynf qyerx uharpq qfz fvrbzpx bvls eniaqn qlm ubfkqn hdhvvs eniwk kmesem vianxm