Saipem new projects in saudi arabia latest news Sep 19, 2024 · Saipem believes that the most recent contract reinforces its long-standing presence in the Kingdom of Saudi Arabia in the wake of the recent wave of awards, including two offshore jobs for work at three fields, valued at approximately $500 million, and the engineering, procurement, construction, and installation (EPCI) activities to be carried Sep 18, 2024 · Saipem announced in a statement that it has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia. 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. This new project strengthens Saipem’s ongoing partnership with Aramco. Jul 18, 2019 · SNC-Lavalin was contracted to provide engineering and project management services for the new facilities at Saudi Aramco’s existing plants at Abu Ali and Khursaniyah for the Berri increment program in April 2017. 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. 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. Sep 6, 2024 · Italian oil and gas contractor Saipem has won two deals worth $1bn from Aramco, Saudi Arabia’s state-owned oil company. Jul 15, 2024 · On the other hand, Saipem’s scope of work for the second project entails the production maintenance programs of the Berri and Manifa fields. 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. Mar 21, 2025 · Covering the latest oil and gas news including shale, lng, drilling, exploration and production. The complete development of the two fields encompasses the engineering, procurement, fabrication and […] Oct 6, 2022 · Under the agreement, Hyundai E&C plans to carry out major projects through this new joint venture, and to promote cooperation and localisation strategies such as fostering local EPC companies in Saudi Arabia and expanding the recruitment of local manpower for successful project execution. Revenue for the first half of 2024 amounted to € 2,523 million and shows an increase of 6. 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. Exploration & Production, Industry Trends, International News, NEWS, offshore, oil Aug 20, 2024 · Register for MEED's 14-day trial access . A SAPMF, an Italian engineering and construction services company, has secured a major offshore contract from Saudi Aramco. 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”). Tags Sep 16, 2024 · Earlier this month, Saipem secured two offshore contracts in Saudi Arabia, with a combined value of approximately $1bn. 66m) in Saudi Arabia through its ongoing long-term agreement with Saudi Aramco. Jul 14, 2022 · San Donato Milanese (MI), July 14, 2022 — Saipem and the Saudi construction company, Nasser S. Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. The contract, worth approximately $2 billion, falls under the Jul 10, 2019 · According to Saipem, the first contract, “PKG-01 Expand Abu Ali Crude & KGP Gas Facilities” for the Berri field, concerns the expansion, through the installation of new process units, of the Abu Ali oil-gas separation plant located on the island of the same name, about 50 km north of the Ras Tanura refinery, and of the gas treatment plant Apr 23, 2024 · MILAN, April 23 (Reuters) - Italy's Saipem , opens new tab said on Tuesday that a temporary suspension of oil drilling contracts by Saudi Aramco , opens new tab would have a low impact, leaving Sep 20, 2024 · Saipem has been awarded a $2 billion offshore contract with Saudi Aramco for the development of the Marjan oil field in Saudi Arabia. These long-term awards in the Middle East confirm Saipem strategy towards this key area for its business and the awards in West Africa secure the continuity of operations in line with Saipem strategy for the ultra-deepwater market in this 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. 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. Sep 16, 2024 · Saipem has secured multiple multi-billion-dollar deals this year. The major undertaking aims to extend the life of gas wells in the Haradh and Hawiyah fields. Contract awards. Back to the top 22. According to Oil & Gas Middle East , Saipem has averaged annual orders of around $1. 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. 4 billion, for phase two development at Jafurah. 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. Jul 17, 2024 · Saipem has secured two significant offshore contracts in Saudi Arabia through its established Long-Term Agreement (LTA) with Saudi Aramco, highlighting its robust partnership and operational expertise in the region. They were awarded by Saudi Aramco under an existing long-term agreement. 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. 66 billion from the Saudi company between 2021 and 2023. Fabrication for these projects will be carried out at Saipem’s Saudi fabrication yard, which will support the development of local industry. Sep 16, 2024 · The new contract, which Saipem has described as important since it consolidates the Italian firm’s position and track record in Qatar, follows the engineering procurement and construction (EPC) package, worth around $4. 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. Al Hajri Corporation (" NSH "), have signed with Aramco an industrial national engineering, procurement, and construction (EPC) champion implementation agreement (the " Agreement "), as part of Namaat Industrial Investment Programs event, for the execution of onshore EPC projects in the Kingdom by Jan 9, 2024 · Italian oil and gas giant Saipem announced the successful completion of the South Gas Compression Plant Pipelines project in Saudi Arabia. Saudi Aramco has awarded Italian contractor Saipem an estimated $2bn-2. It underscores the Mar 2, 2020 · According to a statement, the new company aims to maximise local value creation and become a first-tier player in the execution of onshore construction works as well as of onshore pipeline EPC projects. In Saudi Arabia, it has been awarded a Contract under the Aramco LTA program . 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. "(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. Jul 15, 2024 · Saipem, a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, has been awarded two offshore projects worth a total of $500 million in Saudi Arabia, under the existing long-term agreement (LTA) with Saudi oil giant Aramco. 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. Sep 18, 2024 · This important contract, at the backdrop of the recent awards by Saudi Aramco to Saipem, reinforces company’s long-standing presence in the Kingdom of Saudi Arabia. The awards strengthen Saipem’s presence in Saudi Arabia and its longstanding relationship with Aramco. The value of the Jan 4, 2024 · Saipem announced in a statement that, it has completed the “South Gas Compression Plant Pipelines” project aiming to increase the life of a substantial number of gas wells in the Haradh & Hawiyah fields in Saudi Arabia. Jul 15, 2024 · In January this year Saipem announced that it had completed the South Gas Compression Plant Pipelines project, designed to increase the life of a large number of gas wells in the Haradh & Hawiyah fields in Saudi Arabia. Jun 29, 2023 · Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a new offshore project. 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. Nov 15, 2022 · The project is scheduled to start in 2023 in continuity with the previous works of the rig in West Africa. Mar 4, 2025 · “With the support of the Ministry of Energy, phase one of the new CCS hub in Jubail, in the Kingdom of Saudi Arabia’s Eastern Province, is expected to capture and store up to nine million Sep 21, 2021 · Italian oilfield services provider Saipem and Saudi oil and gas giant Saudi Aramco will explore the possibility of setting up a potential new company in Saudi Arabia for offshore engineering and construction operations. 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. These two projects are part of the ongoing long-term agreement (LTA) with Saudi Arabian oil group giant, Saudi Aramco. 669. Nov 29, 2023 · Articles & News. 489 million, of which €2,344 million to be executed in the second half of 2024. bcp fqqa shr vydkxd jequbcw gsoyz zhzoes anxc xinb atlpxk xcrhl htmf jgkrtgyj xzkcdsw zhpm
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