Saipem has secured two contracts from Aramco worth a total of US$500 million, the Italian company announced on Monday.
The first project involves the engineering, procurement, construction, and installation (EPCI) of a 42-inch crude trunkline, approximately 50 kilometers long, for the Abu Safa field.
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The second project focuses on production maintenance programs for the Berri and Manifa offshore fields. Specific details of the contracts were not disclosed.
Saipem has a longstanding relationship with Aramco, having signed a 12-year deal in 2020 for onshore engineering and construction. From 2021 to 2023, Saipem recorded annual orders from Aramco valued at US$1.63 billion.
