Saudi Arabia - Saipem, a major Italian oil and gas industry contractor, has been awarded two contracts worth $1.3 billion for engineering, procurement, installation and construction (EPIC) by Saudi Aramco to develop offshore fields in Berri and Marjan.

These two contracts refer to part of the long term agreement for offshore activities in Saudi Arabia, renewed in 2015 and in force until 2021, and are located in the Arabian Gulf, which are among the most important offshore fields in the region.

Saipem activities include the design, engineering, procurement, construction, installation and implementation of subsea systems in addition to the laying of pipelines, subsea cables and umbilicals, platform decks and jackets.

Saipem is one of the world leaders in drilling services, as well as in the engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore, in the oil & gas market. TradeArabia News Service

Copyright 2014 www.tradearabia.com

Copyright 2019 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an as is and as available basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.