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Saipem wins $400m in new contracts

Saipem wins $400m in new contracts

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Italy’s Saipem has been awarded a new E&C offshore contract by Saudi Aramco for engineering, procurement, construction activities off Saudi Arabia.

The contract scope includes the engineering, procurement and construction of a new 42” offshore pipeline replacing an existing one and other miscellaneous activities for the upgrade of the Manifa water injection system.

Saipem said it has also won additional work at previously awarded projects in West Africa.

The combined value of the new awards is worth around $400m.

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Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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