Saudi Aramco has awarded Saipem two engineering, procurement, installation and construction contracts for activities relating to the development of the Marjan, Zuluf and Safaniya fields in Arabian Gulf, according to a news release.
Saipem said new contracts and change orders awarded to the company total about $1 billion.
The contracts, which are part of a long-term agreement in force and renewed in 2015 until 2021, cover the design, engineering, procurement, construction, installation and implementation of subsea systems in addition to the laying of pipelines, subsea cables and umbilicals, platform decks and jackets, Saipem said in the release.
Saipem added that the two contracts will also include additional maintenance and dismantling works on the existing platforms already operating in the fields.
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