Saipem awarded two offshore contracts in Saudi Arabia Saudi under the long-term agreement in force with Saudi Aramco. The total value of the two contracts is approximately one billion dollars. Saipem's activities for the first contract provide for engineering, procurement, construction and installation (EPCI) of three production modules (PDM), of 33 kilometers of rigid subsea pipelines with a diameter of 12" and 16" and 34 kilometers of electrical cables Submarines. These infrastructures will be installed at the Marjan field.

The second contract concerns the EPCI of three jackets, five production modules, 22 kilometers of rigid underwater pipelines with a diameter of 16", 5 kilometers of flexible ducts and 35 kilometers of submarine power cables. These infrastructure will be installed at the Zuluf and Safaniyah.

For the offshore campaign of the two projects, Saipem will use its construction ships operating in the region. The project-related fabrication will be carried out at the Saipem's Saudi shipyard "Saipem Taqa Al-Rushaid Fabricators" Co. Ltd (STAR)", enhancing industry involvement local.