Subsea7, a global leader in offshore projects and services for the energy industry, announced it has been awarded a major project by Aramco under their long-term agreement (LTA) for facilities located offshore Saudi Arabia.
The contract, classified by Subsea7 as major and valued between USD 750 mln and USD 1.25 bln, covers the engineering, procurement, construction, and installation (EPCI) of 106 kilometres of infield and export pipelines, modifications to existing topsides, and related hook-up activities.
Project management and engineering will commence immediately from Subsea7’s offices in Saudi Arabia and the UAE, with offshore execution scheduled for 2027 and 2028.
