This new contract strengthens Saipem's long-standing presence in Saudi Arabia and further consolidates its long-standing relationship with Aramco

Saipem announced it has been awarded a new offshore contract (Contract Release Purchase Order, or CRPO) in Saudi Arabia, under its existing Long Term Agreement (LTA) with Aramco. The Italian group will be responsible for the engineering, procurement, construction, and installation (EPCI) of a 48-inch pipeline, approximately 65 km offshore and 12 km onshore, as well as related subsea infrastructure in the Safaniya field, one of the largest offshore fields in the world

Offshore operations 

Offshore operations will be carried out by Saipem’s construction vessels currently deployed in the region, while fabrication activities will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Ltd., in Dammam, further helping to strengthen the company’s industrial footprint in the Kingdom.

The highest standards of safety,and environmental protection 

Project execution is expected to leverage Saipem’s proven experience in delivering strategic pipelines and offshore infrastructure in the region, combined with its advanced engineering capabilities. Activities will be executed in compliance with the highest standards of safety, quality, and environmental protection that characterize all Saipem’s operations, aimed at ensuring efficiency and reliability at every stage. The combination of enhanced local capabilities and cutting‑edge technical expertise is expected to support the efficient development of strategic energy infrastructure in Saudi Arabia.

The new award 

This new award reinforces Saipem’s long-standing presence in Saudi Arabia. It additionally further consolidates its long-standing relationship with Aramco, confirming Saipem’s capability to deliver integrated, high‑quality solutions for complex offshore developments. This new contract strengthens Saipem's long-standing presence in Saudi Arabia and further consolidates its long-standing relationship with Aramco, confirming Saipem's ability to provide integrated, high-quality solutions for complex offshore projects.-

About : The Safaniya oil field 

The Safaniya oil field is the largest offshore oil field in the world, operated and owned by the Saudi Arabian national oil company, Saudi Aramco. Located in the Persian Gulf, north of Dhahran, Saudi Arabia, this massive field is a cornerstone of global energy supply, primarily producing heavy crude oil

About : Saipem 

Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Saipem is “One Company” organized into business lines: Asset Based Services, Drilling, Energy Carriers, Offshore Wind, Sustainable Infrastructures. The company has five fabrication yards and an offshore fleet of 17 construction vessels owned and 12 drilling rigs, of which it owns nine. Always oriented towards technological innovation, the company’s purpose is “Engineering for a sustainable future.” As such, Saipem is committed to supporting its clients on the energy transition pathway towards Net Zero, with increasingly digital means, technologies, and processes geared for environmental sustainability. Listed on the Milan Stock Exchange, Saipem is present in more than 50 countries around the world and employs about 30,000 people from over 130 countries

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Source : Press - Release 

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