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Saipem secures $400M Saudi Aramco offshore contracts for Safaniya field.
Italian engineering company Saipem has secured two offshore contracts worth approximately $400 million from Saudi Aramco for the Safaniya oil field.
The work includes engineering, procurement, construction, and installation of water injection infrastructure, utilizing vessels and a Saudi fabrication yard.
The agreements enhance Saipem's footprint in Saudi Arabia and solidify its collaboration with Aramco.
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Saipem asegura 400 millones de dólares en contratos offshore con Saudi Aramco para el campo de Safaniya.