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Saipem awarded $750 million contract

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Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. 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. Saipem will also build a system to transport water associated with the separation of the treated gas. The contract has a total value of approximately USD 750 million.

The EPC (Engineering, Procurement, Construction) contract includes the engineering, supply of materials, construction, and commissioning of approximately 835 km of pipelines for the transportation of gas, condensate and production water.

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