Saipem has announced that it has been awarded two offshore contracts including Saudi Arabia under its existing long-term agreement with Saudi Aramco with investments estimated approximately at $1 billion.

According to the first contract, Saipem’s Scope of work involves the engineering, procurement, construction, and installation (EPCI) of three production deck modules (PDMs), 33 kilometers of subsea rigid pipelines with diameters of 12 inches and 16 inches, and 34 kilometers of subsea power cables. The infrastructures will be installed in the Marjan oil and gas field.

Additionally, the second contract involves the EPCI of three jackets, five PDMs (Production Deck Modules), 22 kilometers of subsea rigid pipelines with a diameter of 16 inches, five kilometers of subsea flexible pipelines, and 35 kilometers of subsea power cables. The infrastructures will be installed in the Zuluf and Safaniyah oil fields.

For the offshore component of the two projects, Saipem will deploy its construction vessels that are operating in the region.

The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Ltd., aiming to increase and develop the capabilities of local industry.