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Saudi Aramco Awards $2 Billion Deal for Offshore Field Expansion

Saudi Aramco Awards $2 Billion Deal for Offshore Field Expansion

Saudi Aramco has awarded a $2-billion contract to Saipem as part of the capacity expansion of the huge Marjan offshore field in Saudi Arabia, the Italian engineering group said in a statement. The new contract is part of an existing long-term agreement between Saipem and the world’s largest oil company. Saipem’s scope of work involves the engineering, procurement, construction and installation of wellhead platforms’ topsides, wellhead platforms’ jackets, tie-in platform jacket and topside, rigid flowlines, submarine composite…

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