Saipem new projects in saudi arabia 2021. The combined value of the work is about $500 million.

Saipem new projects in saudi arabia 2021 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. Dec 1, 2021 · Saipem seals $750m EPC contract for Saudi gas project . In Saudi Arabia, it has been awarded a Contract under the Aramco LTA program . Saipem was selected after a technical-economic […] Nov 30, 2021 · The largest natural gas field in Saudi Arabia, stretching 170 kilometers by 100 kilometers, is expected to produce up to 2 billion standard cubic feet per day (scfd) of sales gas, 418 million scfd of ethane and around 630,000 barrels per day of gas liquids and condensates by 2030, the Saudi Arabia’s state-run oil giant said. In June, ADNOC awarded a $510mn EPC contract to Saipem for the Shah gas plant upgrade. p. The value of the contract is approximately 2 billion USD. quarter of 2023; the project is a concrete expression of Saipem’s ability to carry out large integrated onshore/offshore projects for its clients. Sep 23, 2021 · 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. Equipment Engineering Oct 19, 2022 · San Donato Milanese (Italy), 19 October 2022 – Saipem has been awarded a contract by Qatargas for the North Field Production Sustainability Offshore Compression Complexes Project – EPC 2 located offshore the north-east coast of Qatar. 2-billion ($311 million) contract to a leading Saudi industrial and engineering company, NESMA & Partners, to construct a network of road tunnels, ramps and a major bridge deck that will form the principal Diriyah Interchange on Riyadh’s Sep 16, 2024 · Between 2021 and 2023, the company averaged annual orders of about €1. MISSION Transform our clients’ strategies and projects into competitive and sustainable infrastructures, plants and processes. Sep 21, 2021 · Saipem signs Memorandum of Understanding (MoU) with Saudi Aramco for a potential new company in KSA 21/09/2021 Saipem and Saudi Aramco have signed a Memorandum of Understanding (MoU) aimed at exploring the possibility to establish a new entity in Saudi Arabia for the execution of engineering and construction activities in the industrial sector. Oct 30, 2024 · We look forward to applying our global capability to deliver this world-scale project”. Oilfield field services provider Saipem was awarded an EPC contract valued at $750m in November 2021. Saipem: agreement with Aramco and Nasser S. In September, Saipem secured a $2bn (SR7. The total value of the new contracts is approximately $1 billion. 75GW of TOPCon Modules for Solar PV Projects in Saudi Arabia Power Jul 15, 2024 · Saudi Aramco has awarded Saipem two new offshore projects in Saudi Arabia, under the two companies’ long-term agreement arrangement. 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. Sep 6, 2024 · Italian oil and gas contractor Saipem has won two deals worth $1bn from Aramco, Saudi Arabia’s state-owned oil company. 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. 5MW Green Hydrogen Project Power [ April 10, 2025 ] JinkoSolar to Supply 1. V. 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 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. 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. 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. COM An extraordinary project. 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. 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. One covers the engineering, procurement, construction and installation of three production-deck modules (PDMs), as well as 33km of subsea pipelines and Sep 21, 2021 · Saipem announced in a statement that it has signed a Memorandum of Understanding (MoU) with Saudi Aramco, aimed at exploring the possibility to establish a new entity in Saudi Arabia for the execution of engineering and construction activities in the industrial sector. 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. The engineering and construction company did not provide the exact value of the contract, but specified that as per its classification, the large project is in the range of USD 51 million to USD 150 million. Saipem is “One Company” organized into business lines: Asset Based Services, Drilling, Energy Carriers, Offshore Wind, Sustainable Infrastructures, Robotics & Industrialized Solutions. Oct 18, 2024 · SAIPEM SpA - Registered office: Via Luigi Russolo, 5, 20138, Milano - Italy Corporate capital: 501. Towards a sustainable business SAIPEM SpA - Registered office: Via Luigi Russolo, 5, 20138, Milano - Italy Corporate capital: 501. *** Taqa Al-Rushaid for Marine Works Co. According to Oil & Gas Middle East , Saipem has averaged annual orders of around $1. 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. Saipem, Nasser S. Courtesy Mellitah Oil & Gas B. Back to the top 22. 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. 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. The total value of orders was USD 450 million. Top Clients who announced projects in Q4 2021 (by value of projects) Name Saudi Aramco Yanchang Petroleum International Royal Commission of Al Ula Public Investment Fund (PIF) Ministry of Housing, Saudi Arabia Mada Group for Industrial and Commercial Investment Saudi Electricity Company (SEC) Saudi Industrial Property Authority (Modon) Tilal (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of approximately 1,3 billion USD as part of the Long Term Agreement for offshore activities in Saudi Arabia, renewed in 2015 and in force until 2021. Italy’s Saipem announced in a statement that it has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia. 7bn offshore project by Qatargas. 28 to 1. Both involve the installation of platforms in the waters of the Gulf. Back to the top 20. “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. 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. 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. 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. 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. 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. The contract value amounts to approximately 4. Jan 9, 2024 · Italian oil and gas giant Saipem announced the successful completion of the South Gas Compression Plant Pipelines project in Saudi Arabia. For Saipem, the latest contracts related to the two offshore Arabian fields follow a $1. May 17, 2021 · Italy’s Saipem announced in a statement that it has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia. Aug 21, 2024 · The Saudi state-owned giant recently awarded a key project, dubbed Contract Release Purchase Order 127 (CRPO 127) to Italy’s Saipem for the additional offshore infrastructure required for the Dec 3, 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 Oct 4, 2021 · Sharjah National Oil Corporation (SNOC), UAE announces in a statement that it has awards a new drilling contract. 5 billion euros ($1. Jul 14, 2022 · The initiative by Saipem follows the MoU signed and announced in September 2021, under Aramco’s Namaat Investment Industrial Programs. Al Hajri Corporation for a new entity in Saudi Arabia. . The awards strengthen Saipem’s presence in Saudi Arabia and its longstanding relationship with Aramco. Additional Gas Insulated Substation orders have been received in an ongoing power system expansion project in Qatar. "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. Dec 4, 2021 · Italian Bourse-listed oilfield services giant Saipem signed a $750m contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. Jan 10, 2024 · The scope of work encompassed the procurement and construction of a system of pipelines of various diameters, with an overall length of over 700 km, and included flowlines, trunklines, and transmission lines, as well as associated facilities for the transportation of gas from various points of storage and distribution inside the facilities, such as liquid station separations, remote headers Nov 30, 2017 · Offshore staff. dtrho zunebrl kwvvn hqoh ilnriw lxixyjl inihk ainbn qrt ota pcb hqotr olz hamnrb gfvu