Saipem new projects in saudi arabia 2021 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. The total of orders acquired by the Onshore Drilling division since the beginning of 2021 thus exceeds 250 million dollars. 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. In Saudi Arabia, it has been awarded a Contract under the Aramco LTA program . The scope of work also includes laying around 100km of corrosion-resistant alloy rigid subsea pipelines, with diameters of 28″ and 24″, as well as 100km of subsea composite cables, 150km of fibre 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 Jul 16, 2024 · The two projects are under an existing long-term agreement (LTA) with Saudi Arabian Oil Co. The awards strengthen Saipem’s presence in Saudi Arabia and its longstanding relationship with Aramco. EPC agreement, mou, Namaat Investment Industrial Programs, Nasser S. MISSION Transform our clients’ strategies and projects into competitive and sustainable infrastructures, plants and processes. Al Hajri Corporation sign an EPC agreement with Saudi Aramco. SAIPEM. The value of the contract is USD 28 millions. 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. Sep 6, 2024 · Italian oil and gas contractor Saipem has won two deals worth $1bn from Aramco, Saudi Arabia’s state-owned oil company. 66 billion) from the Saudi company between 2021 and 2023. The net financial position at the end of 2022 stood at €264 saudi arabian saipem co ltd. Saipem will enhance the overall project execution, comprising both EPCO and EPCL scope of work, by combining relevant planned schedules and project management and will start activities immediately. 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. Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected for a new offshore project. Saipem’s scope of work under the first project involves the Dec 7, 2021 · McDermott continues its decades-long partnership with Saudi Aramco with three new awards for engineering, procurement, construction and installation (EPCI) projects. Al Hajri Corporation (NSH) and Aramco to launch a new entity in Saudi Arabia. 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. Read all the latest news 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. 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 Sep 13, 2022 · Bandar Al Khorayef, Saudi Minister of Industry and Mineral Resources, announced three projects are being constructed in the iron and steel sector with a combined production capacity of 6. 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”. It will position Saudi Arabia among the world’s largest natural gas producers. In September, Saipem secured a $2bn (SR7. Nov 30, 2021 · Global Oil & Gas firm, Saipem announced in a statement that it has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. 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 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. 5 billion ($1. 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. 7bn offshore project by Qatargas. Back to the top 22. and Saipem International BV. Pipe-laying and lifting operations will be executed by the DE HE vessel in water depths of approximately 65 meters, leveraging on Saipem’s high-end welding technology for corrosion resistant cladded pipelines to meet Client’s stringent quality Jun 15, 2021 · The EPC (Engineering, Procurement, Construction) contract includes the engineering, supply of materials, construction and commissioning of additional components, designed to increase the gas treatment daily capacity of the Shah Gas plant by 13%, from the current production capacity of 1. 51bn) contract from Saudi Aramco for the development of the Marjan oil and gas Dec 3, 2017 · The total value of the Saudi Arabia and West Africa newly agreed projects’ work is estimated at around $400 million. Acquisitions in the fourth quarter of 2021, mainly in Brazil, Australia, Turkey and Saudi Arabia and worth approximately €2. 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. 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. quarter of 2023; the project is a concrete expression of Saipem’s ability to carry out large integrated onshore/offshore projects for its clients. Towards a sustainable business SAIPEM SpA - Registered office: Via Luigi Russolo, 5, 20138, Milano - Italy Corporate capital: 501. 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. Saipem, Nasser S. awarded $65 million Petrochemical Plant in Saudi Arabia Jan 5, 2024 · Italian engineering and construction giant Saipem has completed work on Saudi Aramco’s strategic South Gas Compression Plant pipeline project. 7 billion USD Mar 12, 2025 · Saipem and Divento have signed a collaboration agreement involving the application of STAR 1, Saipem’s proprietary technology for floating wind. Box 30251 - Dhahran 34521 - SAUDI ARABIA View on map Mar 22, 2021 · Pipelaying operations will be executed by the DE HE and Saipem Endeavour vessels. 45 billion standard cubic feet per day, representing a cumulative increase to 145% of the original 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. Jun 29, 2023 · Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a new offshore project. Sep 5, 2024 · The award follows the award of two offshore projects in Saudi Arabia in July, under its Long-Term Agreement (LTA) with Saudi Aramco, together amounting to US$500mn and relating to the Abu Safa, Berri and Manifa fields Saipem has a longstanding relationship with Saudi Aramco, and a strong presence in the Saudi Arabia and throughout the region. 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. "These awards are a 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. 788744 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. 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. Saudi Arabia: Italy's Saipem secures $1 billion in contracts from aramco. The total value of orders was USD 450 million. 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. Courtesy Mellitah Oil & Gas B. Sep 16, 2024 · Saipem announced in a statement that it has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Program, aimed at sustaining the production of the North Field offshore natural gas reservoir, located offshore the north-east coast of Qatar. *** 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. 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. Read Also: Projects awarded during April 2021 in Gulf Countries 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. The contract was awarded to Saipem. , aiming to increase and develop the capabilities of local industry. Sep 18, 2024 · Saipem announced in a statement that it 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. To be called EPC National Champion, the venture will focus on executing onshore engineering, procurement, and construction (EPC) projects in Saudi Arabia. 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. Sep 4, 2023 · “The JGC Group will continue to aim to win orders for projects planned by Saudi Aramco, realizing job creation and technology transfer to many Saudis through the execution of such projects, thereby contributing to the further development of the Kingdom of Saudi Arabia,” JGC said at the time of the contract award. Feb 8, 2022 · Diriyah Gate Development Authority (DGDA) announced in a statement that, one of its subsidiaries, Diriyah Development Company (DevCo), has awarded a SR1. Jul 14, 2022 · The initiative by Saipem follows the MoU signed and announced in September 2021, under Aramco’s Namaat Investment Industrial Programs. Back to the top 20. Jan 9, 2024 · Italian oil and gas giant Saipem announced the successful completion of the South Gas Compression Plant Pipelines project in Saudi Arabia. The major undertaking aims to extend the life of gas wells in the Haradh and Hawiyah fields. 5 billion euros ($1. 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. lygtor nnsus dmjdl yureji jkcca zbuo pnuvjso cskr zjkpbs dhfnh mvc fobt siudbr vgsidcom qfprcf