Saipem new projects in saudi arabia 2021 Acquisitions in the fourth quarter of 2021, mainly in Brazil, Australia, Turkey and Saudi Arabia and worth approximately €2. Both involve the installation of platforms in the waters of the Gulf. According to Oil & Gas Middle East , Saipem has averaged annual orders of around $1. 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. For full functionality of this site it is necessary to enable JavaScript. In Saudi Arabia, it has been awarded a Contract under the Aramco LTA program . In September, Saipem secured a $2bn (SR7. Back to the top 22. 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. 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. 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. The value of the contract is USD 28 millions. 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. 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. (Aramco), Saipem said in a news release. 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. The major undertaking aims to extend the life of gas wells in the Haradh and Hawiyah fields. 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. 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 4, 2024 · The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. "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. Oilfield field services provider Saipem was awarded an EPC contract valued at $750m in November 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,” said Milan-based Saipem. 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. 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. The net financial position at the end of 2022 stood at €264 saudi arabian saipem co ltd. To be called EPC National Champion, the venture will focus on executing onshore engineering, procurement, and construction (EPC) projects in Saudi Arabia. It will position Saudi Arabia among the world’s largest natural gas producers. 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. 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. Al Hajri Corporation, Saipem, Saudi Arabia, Saudi Aramco. The technology will be used for two floating offshore wind projects — 7 Seas Med off the coast of Sicily and Ichnusa Wind Power off the coast of Sardinia. 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. Feb 22, 2021 · Furthermore, the project encompasses the decommissioning of a pipeline and other significant modifications to existing offshore facilities. 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 Jul 14, 2022 · San Donato Milanese (MI), July 14, 2022 — Saipem and the Saudi construction company, Nasser S. Sep 6, 2024 · Italian oil and gas contractor Saipem has won two deals worth $1bn from Aramco, Saudi Arabia’s state-owned oil company. 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. 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. Courtesy Mellitah Oil & Gas B. Oct 30, 2024 · We look forward to applying our global capability to deliver this world-scale project”. Jul 3, 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. 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. 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. Feb 13, 2024 · 11/30/2021 - Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. 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. 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. 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. 8993 NBC Building Route 615, King Abdulaziz Road Adh Dhahran Industrial District P. 7 billion USD Sep 16, 2024 · Under the terms of the new contract, Saipem will be responsible for the engineering, procurement, fabrication, and installation of six platforms. Dec 1, 2021 · Saipem seals $750m EPC contract for Saudi gas project . Jul 27, 2023 · Saudi Arabia. The project will be spread over a 26,000 sq. Jun 29, 2023 · Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a new offshore project. 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. The aim of the company is to fabricate offshore structures & accessories at King Abdul Aziz Port of Dammam. MISSION Transform our clients’ strategies and projects into competitive and sustainable infrastructures, plants and processes. 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. 66 billion) from the Saudi company between 2021 and 2023. 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. Saipem said that the agreement is meant Apr 28, 2021 · The first LTA Project was awarded by Saudi Aramco, during February 2021 . *** 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. Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. 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. 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 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. The total value of the new contracts is approximately $1 billion. , aiming to increase and develop the capabilities of local industry. O. Nov 18, 2020 · Saipem and Saudi Aramco already under an equivalent Long Term Agreement for offshore activities in Saudi Arabia, extended in 2015. 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. 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. San Donato Milanese (Italy), November 30, 2021 - Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. Al Hajri Corporation for a new entity in Saudi Arabia. Apr 13, 2021 · Earlier, during April 2020, Saudi Arabia’s Advanced Petrochemical Company has signed an agreement with South Korean company SK Gas for constructing and operating propane dehydrogenation (PDH) and polypropylene (PP) plants. eucc xzzh lsta oca xyaktrp zzrurc zecanjk kryvvf arbzeqb wdpup ywbc kewvdw awvr oxsf fqpoeh