Under Construction
Project #114
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Offshore Intelligence - August 2026
Saipem $1.8bn EPCI Contract
A $1.8 billion mega contract was secured on August 18, 2026 for the EPCI of offshore and subsea facilities.
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Client
Saudi Aramco
construction
Contractor
Saipem
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Location
Arabian Gulf Offshore Concessions
schedule
Timeline
Secured August 18, 2026
payments
Est. Value
$1.8 Billion Mega Award
description Project Overview
Announced on August 18, 2026, this massive $1.8B award entrusts Saipem with the engineering, procurement, construction, and installation of complex offshore platforms, subsea pipelines, umbilicals, and fiber-optic cables.
engineering Technical Specifications
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value
$1.8 Billion
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award date
August 18, 2026
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contractor
Saipem
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client
Saudi Aramco
satellite_alt Survey & Geomatics Relevance
Projects of this scale and category typically require comprehensive surveying disciplines including:
- chevron_right Multibeam Swath Bathymetry (IHO S-44 Order 1a)
- chevron_right Sub-Bottom Profiling & Seabed Geophysics
- chevron_right Pipeline Route Surveys & As-Built Verification
- chevron_right ROV-Assisted Structural Inspection
- chevron_right Metocean & Tidal Station Monitoring
Project At a Glance
corporate_fare
Client
Saudi Aramco
construction
Contractor
Saipem
location_on
Location
Arabian Gulf Offshore Concessions
schedule
Timeline
Secured August 18, 2026
domain
Category
Offshore Intelligence - August 2026
payments
Value Estimate
$1.8 Billion Mega Award
Project Status
Under Construction
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