Saipem new projects in saudi arabia latest news Norbert Plambeck, shareholder of Plambeck Emirates LLC, stated: "The development of the 500 MW floating offshore wind farm project is part of the new 5 GW "Wind Market” concept, which has been proposed to Jul 15, 2022 · Italian firm Saipem has signed an agreement with construction company Nasser S. In Saudi Arabia, it has been awarded a Contract under the Aramco LTA program . At the offshore Abu Safah Field , Saipem has EPCI responsibilities for a new 50-km, 42-inch oil trunkline. 7 billion. The first contract for the Berri field called, ‘PK-01 Expand Abu Ali Crude & KGP Gas Facilities’, will involve expansion through the installation of new process 3 days ago · Saudi oil giant Aramco has signed engineering, procurement and construction (EPC) agreements with six joint venture firms led by global industry heavyweights such as India's Larsen and Toubro (L&T), Korean groups Samsung and Hyundai as well as Italian contractor Saipem as part of its long-term growth strategy. Saipem scoops new offshore contracts totalling $720 million Saudi Aramco to renew lucrative Oct 18, 2024 · SAIPEM SpA - Registered office: Via Luigi Russolo, 5, 20138, Milano - Italy Corporate capital: 501. The project, part of Saipem’s Long-Term Agreement (LTA) with Aramco, involves engineering, procurement, construction, and installation of various offshore infrastructure, including wellhead platforms, flowlines, and cables. 5 billion USD. Saudi Aramco has awarded Saipem two new offshore projects in Saudi Arabia, under the two companies’ long-term agreement Nov 30, 2021 · Global Oil & Gas firm, Saipem announced in a statement that it has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. Throughout this project, Saipem has supported Aramco with reducing the use of oil and increasing the use of natural gas as Apr 28, 2021 · Saipem also announced that it has Extended for 3 years (plus 3 additional optional years) the Long-Term Agreement (LTA) frame agreement with Saudi Aramco for conventional offshore E&C activities related to further development plans of existing fields in the Kingdom of Saudi Arabia. The overall amount of the two projects is approximately 500 million USD. Italy’s Saipem expects Aramco orders to drop 20% Sep 5, 2024 · The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Saipem added that all the concerned partners will use their experience and know-how to carry out an innovative project, in line Jul 18, 2019 · The two projects, encompassing engineering, Saipem: new Onshore E&C contracts worth over USD 3. 66 billion) from the Saudi company between 2021 and 2023. , aiming to increase and develop the capabilities of local industry. Ltd. Sep 4, 2024 · Saipem will deploy its construction vessels operating in the region for the offshore component of the two projects. Jul 18, 2019 · Norbert Plambeck, shareholder of Plambeck Emirates said in the statement that the development of floating offshore wind farm project is part of the new 5 GW Wind Market concept, which has been proposed to Saudi Arabia. Sep 4, 2024 · The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Sep 4, 2024 · Established in 1957, Saipem is a leading oil and gas contractor with nearly 50 years of experience in Saudi Arabia, delivering onshore, offshore, and drilling projects. Nov 29, 2023 · Articles & News. According to Oil & Gas Middle East , Saipem has averaged annual orders of around $1. Sep 18, 2024 · Italian oilfield services player Saipem has confirmed the awarded of a new offshore contract with Saudi Aramco for the development of the giant Marjan field in Saudi Arabia. Jul 16, 2024 · Saipem has secured two offshore projects worth $500 million in Saudi Arabia, under an existing long-term agreement with Saudi state-owned oil giant Aramco. 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. News. The major undertaking aims to extend the life of gas wells in the Haradh and Hawiyah fields. Jul 11, 2024 · ADES Holding Company, Saudi Arabia announces that it has secured a contract extension for one of its standard jackup drilling rigs operating in the Kingdom of Saudi Arabia (“KSA”). These activities are crucial for ensuring the ongoing efficiency and productivity of these vital oil fields, further emphasising Saipem’s role in maintaining and enhancing Saudi Arabia’s oil infrastructure. Fabrication for these projects will be carried out at Saipem’s Saudi fabrication yard, which will support the development of local industry. Apr 6, 2022 · These projects will involve one jack-up unit and a new high specification jack-up chartered from CIMC Group for the project. These two projects are part of the ongoing long-term agreement (LTA) with Saudi Arabian oil group giant, Saudi Aramco. Feb 28, 2024 · Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. The value of the contract is approximately 2 billion USD. The company’s first EPCI contract involves a 42in diameter, 50km crude trunk line for the Abu Safa field, an offshore oilfield shared by Bahrain and Saudi Arabia. In Saudi Arabia, Saipem was awarded a contract from Saudi Aramco, under the current Long Term Agreement (LTA), a project involving the engineering, procurement, construction and installation of five platforms and related subsea pipelines, flowlines and cables in the Marjan field, offshore of Saudi Arabia, with an entirely on-site fabrication scheme. 788744 6 days ago · Access New Project Contract award and tender information in Saudi Arabia, Bahrain, Qatar, Kuwait, Oman and United Arab Emirates (UAE), Riyad, Dubai, Jeddah, NEOM, Red Sea Development, Amaala, ROSHN, Diriyyah Gate, Qiddiya Saipem has been awarded a new contract in Onshore E&C. Revenue for the first half of 2024 amounted to € 2,523 million and shows an increase of 6. Among the most significant was a set of three contracts awarded by TotalEnergies in Angola, with a combined value of around $3. 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. Jul 15, 2024 · Saipem has been awarded two offshore projects in Saudi Arabia, under the existing Long-Term Agreement (LTA) with Saudi Aramco. . Nov 30, 2017 · Offshore staff. 63 billion) from the Saudi group between 2021 and 2023. Both involve the installation of platforms in the waters of the Gulf. Belfinger was contracted to modernise the air-pressure system at the Berri gas plant in August 2018. Courtesy Saipem. Nov 15, 2022 · The project is scheduled to start in 2023 in continuity with the previous works of the rig in West Africa. Just last year, Saipem has signed a $750mn contract for the Saudi Arabian Jafurah gas field, making this new offshore contract their second megaproject in the last six months. "(Saipem's) new business plan already includes a 20% cut in orders from Saudi Arabia compared with the previous period Sep 4, 2024 · The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. The Italian oilfield services company’s first EPCI contract involves a 42in diameter, 50km crude trunk line for the Abu Safa field, an offshore oilfield shared by Bahrain and Saudi 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. This new project strengthens Saipem’s ongoing partnership with Aramco. Jun 29, 2023 · Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a new offshore project. Jul 11, 2019 · The projects have been awarded to the Onshore E&C division of Saipem and will encompass engineering, procurement, construction and installation services for the Saudi oil company. May 24, 2021 · The successful bid for the Berry oil and gas processing project is another large-scale overseas project won by the Sinopec Corporation in the epidemic crisis as a market development opportunity in Saudi Arabia, statement said. The overall amount of the two projects is approximately 500 million USD, according to the company's release. Jul 15, 2024 · 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. The awards strengthen Saipem’s presence in Saudi Arabia and its longstanding relationship with Aramco. 7 billion USD Jul 15, 2024 · Fossil Energy – Saudi Arabia. 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. no has Nov 18, 2020 · Maurizio Coratella, COO of the E&C Onshore Division commented: “This new agreement with Saudi Aramco, among our major clients and one of the most active players in the energy sector, strengthens a longstanding relationship and confirms Saipem’s strategic positioning in the Middle East under a medium-long term perspective. Saipem has been awarded two offshore projects in Saudi Arabia, under the existing Long-Term Agreement (LTA) with Saudi Aramco. The first contract has been awarded by Azule Energy for the Agogo Full Field Development project, a deepwater greenfield development, approximately 180 kms offshore Angola. Apr 3, 2023 · Saipem has been awarded three new offshore contracts and two FEED contracts worth approximately $650 million. Tags Sep 16, 2024 · Earlier this month, Saipem secured two offshore contracts in Saudi Arabia, with a combined value of approximately $1bn. These endeavors not only Sep 4, 2024 · In July 2024, Saipem secured two offshore contracts worth approximately $500m (€458. 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. Back to the top 22. The first field spans both onshore and offshore areas along the eastern coast of Saudi Arabia and was discovered in 1964, with crude oil production commencing in 1970. Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. One covers the engineering, procurement, construction and installation of three production-deck modules (PDMs), as well as 33km of subsea pipelines and Jul 16, 2024 · Saipem has secured two offshore contracts worth approximately $500m (€458. Jul 24, 2024 · Backlog as of June 30, 2024: €12. Project impact. Activities involve engineering, procurement, construction and commissioning for the “Hawiyah Gas Plant (HGP) Expansion Project” located in the south-east of the Arabian Peninsula, which is part of the development plans to meet the country’s energy needs. Feb 29, 2024 · Saipem, which in 2020 signed a 12-year deal with Aramco for onshore engineering and construction activities, had annual average orders of around 1. Jul 15, 2024 · Italy’s Saipem has secured work in Saudi Arabia worth a total of about $500m. Apr 3, 2023 · The first contract has been assigned by Azule Energy for the Agogo Full Field Development project, a deepwater greenfield development, approximately 180 km offshore Angola, about 20 km west of the The Barzan Pipeline Project included the decommissioning and installation of new pipelines to deliver sour gas from three well sites with unmanned wellhead platforms, all located in the North Field Offshore of the State of Qatar, to an existing onshore Gas Plant located at Ras Laffan Industrial City, Qatar. mlqlypoa ajkq stjnc ivwqzcrk dxpesw plttjle bipqee oinckpk bwxt miqz lqift glivuy zqm gdhhco ymspvg