Saipem chosen for EPCI works in Saudi Arabia
Saudi Arabia 
RIYADH, June 29, 2023 – Saipem has been chosen by Saudi Aramco for significant EPCI works on the offshore Marjan field in Saudi Arabia, the Italian engineering company announced on Wednesday.
The scope of work involves the engineering, procurement, construction, and installation of five platforms and associated subsea pipelines, flowlines, and cables.
The deal was signed as part of an existing long-term agreement with Saudi Aramco.
According to Upstream Online, the deal is expected to be worth upwards of USD 900 million.
In addition, the engineering entity signed a contract with Brazilian NOC Petrobras for the development and testing of autonomous subsea inspection robotic drones.
Together the contracts are worth around USD 1 billion.
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