Saipem bags $1.3bn Middle East offshore pipeline contract
Saipem has been awarded a Pipeline Project in the E&C Offshore sector in the Middle East worth approximately 1.3 billion USD. The contract involves Engineering, Procurement, Construction and Installation (EPCI) activities associated to two 32-inch export pipelines, two 24-inch Corrosion-Resistant Alloy (CRA) intrafield pipelines, risers, spool pieces and subsea structures also entailing a short onshore...
Aker Solutions Secures US123M Troll A Platform deal
Aker Solutions secured a contract valued at over NOK 1 billion from Equinor to deliver a module for the Troll A platform that will help increase output at one of Norway’s largest natural gas fields. The engineering, procurement, construction and installation (EPCI) contract is the company’s latest award for work at phase 3 of the...
L&T unit awarded Saudi Aramco EPCI project contract
L&T Hydrocarbon Engineering (“LTHE”), a wholly owned subsidiary of Engineering and Construction major Larsen & Toubro Limited, today announced an award for three Gas Production Deck Modules by Saudi Aramco. This is the fourth award for the consortium of LTHE with Subsea 7. There are three offshore contracts currently under execution by the Consortium for...
BP selects McDermott and BHGE for subsea contracts West Africa
McDermott International, Inc. and Baker Hughes, a GE company announced the selection of front-end engineering design (FEED) studies in advance of a substantial* engineering, procurement, construction and installation (EPCI) contract for BP’s Tortue/Ahmeyim Field Development, a major gas project located on the maritime border of Mauritania and Senegal. During this initial engineering phase, McDermott will...
McDermott and CB&I to Combine in Transaction Valued at $6 Billion
McDermott International, Inc. announced that the companies have agreed to combine in an all-stock transaction to create a premier fully vertically integrated onshore-offshore company, with a broad engineering, procurement, construction and installation (“EPCI”) service offering and market leading technology portfolio. Upon completion of the transaction, McDermott shareholders will own approximately 53 percent of the combined...
McDermott confirms Safaniya EPCI Saudi Aramco deal
McDermott International, Inc. has announced a major* contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Safaniya onshore and offshore field. The contract, awarded under the existing long-term agreement with Saudi Aramco, includes the full suite of EPCI services including design, fabrication, installation and pre-commissioning of 9 slipover jackets,...
McDermott Awarded Major EPCI Contract in Middle East
McDermott International, Inc. has announced a major* contract award from a Middle East customer for engineering, procurement, construction and installation (EPCI) services offshore in the Arabian Gulf. “McDermott continues to receive considerable projects in the Middle East. This award signifies our long-standing position and strong relationships with our Middle East customers,” said Linh Austin, McDermott...
McDermott confirms EPCI Middle East Contract
McDermott International, Inc. announced a letter of award for a significant* contract for the engineering, procurement, construction and installation (EPCI) services for an offshore Middle East redevelopment project. They plan to fabricate and install four wellhead topsides, a manifold platform and jacket together with associated subsea pipelines and brownfield tie-in works. The combined total weight...
Saipem secure $900m EPCI contract at Zohr Field
Saipem and Petrobel have finalized offshore contract variations worth 900 million USD for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Optimised Ramp Up” phase of the “supergiant” Zohr Field Development Project situated in the Mediterranean Sea off the Egyptian coast. Petrobel is a joint venture between IEOC (an Eni subsidiary in...
Saipem awarded new Saudi Aramco contracts
Saipem has been awarded a new E&C Offshore contract by Saudi Aramco for EPCI (Engineering, Procurement, Construction, Installation) activities and T&I (Trunklines & Installation) works in Saudi Arabia, under the Long-Term Agreement in force, renewed in 2015 until 2021. The scope of work includes the design, engineering, procurement, construction and installation of a total of...
McDermott inks partnership deal with Saudi Aramco
McDermott International, Inc. announced today it signed another memorandum of understanding (MOU) with Saudi Aramco to expand and develop the company’s physical and human capital within Saudi Arabia as part of Aramco’s In-Kingdom Total Value Add (IKTVA) initiative. The MOU was signed as part of the first ever Saudi-U.S. CEO Forum. McDermott was the only...
McDermott wins EPCI Saudi Aramco Contract
McDermott International, Inc. announced a contract award from Saudi Aramco for the engineering, procurement, construction and installation (EPCI) of four jackets and three gas observation platforms offshore Saudi Arabia. The total weight of all structures combined is 11,595 tons. “As the third fast-track jacket contract from Saudi Aramco in the last 18 months, this award...