Saipem awarded Saudi offshore contract

11 October 2015

Italian group will install offshore structures for Saudi Aramco

Italy’s Saipem has won two engineering, procurement and construction (EPC) contracts worth €600m ($682m) including a project in the Saudi offshore sector.

State-owned Saudi Aramco awarded Saipem a contract to install offshore structures including an observation platform, wellhead production deck module, auxiliary platforms, a 20-inch internally cladded flowline, and composite power cable.

The Italian group also won a contract from Eni on an oil field development project in Angola.

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