Saipem wins ~$1.8bn offshore EPCI contract in Middle East
Key highlights
- Saipem awarded an offshore EPCI contract in the Middle East valued at about $1.8 billion.
- Scope covers Engineering, Procurement, Construction and Installation of offshore and subsea facilities.
- Execution will leverage Saipem’s regional vessels and advanced engineering capabilities.
- Project will draw on Saipem’s regional track record delivering pipeline and offshore infrastructure.
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Saipem $1.8bn Middle East Offshore EPCI Contract
FID / Sanctioned
2026-08-12
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Deal
Saipem has been awarded an offshore EPCI contract in the Middle East valued at approximately 1.8 billion USD.
Scope
Saipem’s scope encompasses the Engineering, Procurement, Construction and Installation (EPCI) of offshore and subsea facilities.
Execution
The project will leverage Saipem’s proven regional track record in delivering pipeline and offshore infrastructure, supported by its regional vessels and advanced engineering capabilities.
Source: Saipem
