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Saipem confirms two offshore contracts worth $900 million

Italian EPC giant Saipem has been awarded two offshore contracts worth $900 million, the company announced on Friday. The first contract has been awarded by TotalEnergies, for the LAPA Southwest (LAPA SW) Development Project, a deepwater oil field  in the Santos Basin offshore Brazil. The scope of work encompasses the Engineering, Procurement, Construction, and Installation […]

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Aramco receives bids from EPC contractors for giant offshore expansion

Saudi oil giant Aramco has received bids from its pool of long-term agreement (LTA) contractors for the Manifa offshore development expansion, data from DMS Projects shows. The Saudi energy giant’s expansion project, which is scheduled to be completed by 2025, aims to increase the output capacity of key offshore hydrocarbons installations in the kingdom, and […]