PHOTO
Saipem has been awarded two contracts worth $400 million by Aramco for water injection works at Safaniya offshore oil field in the Arabian Gulf. The two new agreements push the Italian engineering company’s year-to-date total for the field to $800 million.
All three contracts were issued as Contract Release Purchase Orders (CRPOs) under an existing Long-Term Agreement (LTA) with Aramco.
CRPO 154, first of the two contracts awarded last week, covers engineering, procurement, construction and installation (EPCI) of:
- One water injection tie-in platform
- Two water injection wellheads
- Around 5 km of 24-inch pipelines
- Approximately 15 km of 15kV subsea cables
The second contract, CRPO 155, includes EPCI works for:
- Four water injection wellheads
- Associated subsea facilities
Previously, in February 2026, Saipem was awarded additional CRPO under LTA worth $500 million for the Safaniya oil field. It included EPCI of:
- A 48-inch trunkline, comprising approximately 65 km offshore and 12 km onshore
- Associated subsea facilities
The offshore installation works will be executed using construction vessels already deployed in the region while fabrication activities will be carried out at Saipem’s Saudi yard by Saipem Taqa Al-Rushaid Fabricators Co. Ltd., supporting localisation and industrial capability development in the Kingdom.
(Writing by SA Kader; Editing by Anoop Menon)
Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.
