Owner: Saudi Aramco

Contractor: Saipem

Worth: US$500 million, which includes an EPC contract by Saudi Aramco for the development of its five offshore fields. 

Scope of Work: The design, engineering, procurement, construction and installation of a total of 19 jackets for the development of fields in Marjan, Zuluf, Berri, Hasbah, and Safaniya, in the Arabian Gulf

Background: The contract falls under the long-term agreement between the two companies in force, renewed in 2015 to run until 2021.