Close Menu
Money MechanicsMoney Mechanics
    What's Hot

    Nearly 80% of data center capacity at elevated climate risk

    June 22, 2026

    Ubisoft co-founder Claude Guillemot dies in plane crash

    June 22, 2026

    ‘We Went From Homelessness to Off-Grid Dome Home Living—Here’s How’

    June 22, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Nearly 80% of data center capacity at elevated climate risk
    • Ubisoft co-founder Claude Guillemot dies in plane crash
    • ‘We Went From Homelessness to Off-Grid Dome Home Living—Here’s How’
    • S&P 500, Nasdaq, Dow futures slide with US-Iran peace and inflation in focus
    • The Bond Market Smelt Blood
    • Citi sees oil prices trending lower to $60 to $65 per barrel by first quarter of 2027
    • How the Brownstone Went From Humble Row House Roots to Metropolis Luxury
    • There’s a Good Chance Your Savings Account Is Hurting You. Here’s Why — and How to Fix It
    Facebook X (Twitter) Instagram
    Money MechanicsMoney Mechanics
    • Home
    • Markets
      • Stocks
      • Crypto
      • Bonds
      • Commodities
    • Economy
      • Fed & Rates
      • Housing & Jobs
      • Inflation
    • Earnings
      • Banks
      • Energy
      • Healthcare
      • IPOs
      • Tech
    • Investing
      • ETFs
      • Long-Term
      • Options
    • Finance
      • Budgeting
      • Credit & Debt
      • Real Estate
      • Retirement
      • Taxes
    • Opinion
    • Guides
    • Tools
    • Resources
    Money MechanicsMoney Mechanics
    Home»Earnings & Companie»Energy»Saipem wins $600 million offshore EPC contracts with Aramco in Saudi Arabia – Oil & Gas 360
    Energy

    Saipem wins $600 million offshore EPC contracts with Aramco in Saudi Arabia – Oil & Gas 360

    Money MechanicsBy Money MechanicsJanuary 1, 2026No Comments1 Min Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Saipem wins 0 million offshore EPC contracts with Aramco in Saudi Arabia – Oil & Gas 360
    Share
    Facebook Twitter LinkedIn Pinterest Email


    (World Oil)– Saipem has won two offshore Contract Release Purchase Orders (CRPO) in Saudi Arabia, reinforcing its position as a leading EPC contractor in the Kingdom. The contracts are worth approximately $600 million, and expand Saipem’s long-standing partnership with Aramco.

    Saipem wins 0 million offshore EPC contracts with Aramco in Saudi Arabia – Oil & Gas 360

    The first work package (CRPO 162), spanning 32 months, covers engineering, procurement, construction and installation of roughly 34 km of pipeline—ranging from 20-inch to 30-inch diameter—along with topside modification work across the Berri and Abu Safah oil fields.

    The second contract (CRPO 165), with a 12-month duration, includes subsea intervention work at the Marjan field and EPC of 300 m of onshore pipeline tie-ins.

    Saipem will deploy its offshore construction vessels currently active in Saudi waters and will fabricate components at its local Dammam-based Saipem Taqa Al-Rushaid facility, supporting national capacity development objectives.

    The dual awards further cement Saipem’s multi-decade relationship with Aramco and signal continued offshore investment momentum across Saudi Arabia’s major brownfield and expansion projects.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleWhy This Overlooked Sun-Drenched City Could Be Your Ideal Retirement Spot
    Next Article A beginner’s guide to Mastodon, the open source Twitter alternative
    Money Mechanics
    • Website

    Related Posts

    Citi sees oil prices trending lower to $60 to $65 per barrel by first quarter of 2027

    June 21, 2026

    U.S. rig count increased by 1, is at 563

    June 21, 2026

    Fuel economics and fleet reality: The cost case for natural gas in American transportation

    June 20, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Nearly 80% of data center capacity at elevated climate risk

    June 22, 2026

    Ubisoft co-founder Claude Guillemot dies in plane crash

    June 22, 2026

    ‘We Went From Homelessness to Off-Grid Dome Home Living—Here’s How’

    June 22, 2026

    S&P 500, Nasdaq, Dow futures slide with US-Iran peace and inflation in focus

    June 21, 2026

    Subscribe to Updates

    Please enable JavaScript in your browser to complete this form.
    Loading

    At Money Mechanics, we believe money shouldn’t be confusing. It should be empowering. Whether you’re buried in debt, cautious about investing, or simply overwhelmed by financial jargon—we’re here to guide you every step of the way.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Links
    • About Us
    • Contact Us
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    Resources
    • Breaking News
    • Economy & Policy
    • Finance Tools
    • Fintech & Apps
    • Guides & How-To
    Get Informed

    Subscribe to Updates

    Please enable JavaScript in your browser to complete this form.
    Loading
    Copyright© 2025 TheMoneyMechanics All Rights Reserved.
    • Breaking News
    • Economy & Policy
    • Finance Tools
    • Fintech & Apps
    • Guides & How-To

    Type above and press Enter to search. Press Esc to cancel.