Saipem new projects in saudi arabia pdf San Donato Milanese (Italy), November 30, 2021 - Saipem has signed a new contract with Saudi Aramco on the Jafurah Development Program in Saudi Arabia. 6 ARABIA MEXICO 2. If Saipem is awarded Under the existing Long-Term Agreement (LTA) with Saudi Aramco, Saipem has been selected to be awarded a new offshore project. Polypropylene Plant Project Advanced Polyolefin Company (APOC) (Tecnimont Arabia Ltd. 2 Saipem’s local content approach in Nigeria 15 7. This value is considered net of the leasing costs of the vessels used for the works. In Saudi Arabia, it has been awarded a Contract under the Aramco LTA program . 3 Overview of Saipem in Saudi Arabia Part 1 4 Introduction to Saipem 5 Saipem’s Sustainability Approach 6 Saipem at a Glance 8 Saipem in the World Part 2 10 Saudi Arabia 10 Country Overview 10 Social Overview 11 Economy Overview 12 Environment 13 Saipem’s Presence in Saudi Arabia 14 Main projects 15 Drilling projects In the first half of 2024 Saipem was awarded new contracts amounting to a total of €7,086 million (€6,690 million in the corresponding period of 2023). Saipem announced in a statement that it has been awarded two offshore contracts in Saudi Arabia under its existing Long-Term Agreement with Saudi Aramco. 0 B€ > 550 M€ 595 M€ 6. The value of the contract is approximately 2 billion USD. Towards a sustainable business Saudi Aramco has awarded Saipem two new offshore projects in Saudi Arabia, under the two companies’ long-term agreement arrangement. Specifically, Saipem’s scope of work under the first projectinvolves the Engineering, Procurement, San Donato Milanese (MI), November 16, 2017 – Saipem has been awarded a new contract in Onshore E&C. Project tasks relevant to Brownfields are now managed as a subproject: interface managers and specialists from a clear philosophy of work and close link with the community of Kingdom of Saudi Arabia. Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Discover Saipem's most representative projects. SAIPEM’S EXPERIENCE IN PROJECTS SAUDI 0. 4 Local procurement in Saudi Arabia 11 6. B. 3 Local employment in Nigeria 16 7. The two projects, encompassing engineering, procurement, construction and installation, have been awarded by the Saudi Arabian Oil Company (Saudi Aramco) to the Onshore E&C division and involve the Saipem announced in a statement that it has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan field in Saudi Arabia. In the Middle East two new contracts have been awarded for two high-specification Jack-Up drilling Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Saipem is “One Company” organized into five business lines - Asset Based Services, Energy Carriers, Offshore Wind, Sustainable Infrastructures, Robotics & Industrialized Solutions. for Saudi Aramco, two offshore projects in Saudi Arabia as part of the Long-Term Agreement (LTA) in force. The Long-Term Agreement (LTA) now extends until the end of 2027. Saipem will execute the offshore EPCI of one platform topside and the associated subsea flexible, umbilical and cable Projects. V. The combined value of the work is about $500 million. Saudi Aramco has awarded Italian contractor Saipem an estimated $2bn-2. San Donato Milanese (Italy), 19 October 2022 – Saipem has been awarded a contract by Qatargas for the North Field Production Sustainability Offshore Compression Complexes Project – EPC 2 located offshore the north-east coast of Qatar. Ltd. Norbert Plambeck, shareholder of Plambeck Emirates LLC, stated: "The development of the 500 MW floating offshore wind farm project is part of the new 5 GW "Wind Market” concept, which has been proposed to San Donato Milanese (MI), July 9, 2019 - Saipem has been awarded two ne w contracts in Saudi Arabia, worth over USD 3. In Saudi Arabia, Saipem has signed a lump sum EPC contract for the Naphtha and Aromatics Package (RP2) of the Rabigh II Project with Saudi Aramco and Sumitomo Chemical, for the expansion of the integrated refinery and petrochemicals complex in the city of Rabigh, located in north of Jeddah, on the Western coast of Saudi Arabia. 2 CHINA Million tonnes/year IMPORT EXPORT SHAH GAS PLANT PRODUCTION. The project involves the construction of approximately 835 km of pipelines. The awards strengthen This important contract, at the backdrop of the recent awards by Saudi Aramco to Saipem, reinforces company’s long-standing presence in the Kingdom of Saudi Arabia. The overall amount of the two projects is approximately 500 million USD. 7 B€ Revenue +23% Y-on-Y1 +10% Q-on-Q2 340 M€ EBITDA and the Safaniya GOSP - 4 project (1990 - 1995) in Saudi Arabia, in partnership with Snamprogetti, along with Agip’s complex Bouri field development, offshore Libya, completed in 1988, confirmed the Saipem India Projects (New Delhi - India) Moss Maritime (Oslo - Norway) Saipem Saipem Umberto Vergine commenting these new contracts said: “Winning these contracts is certainly a great success for Saipem: the contracts in Saudi Arabia represent the first large onshore projects won in 2014 and confirm our competitiveness in complex onshore projects with significant technological edge. Export and Refinery Project. 0 NIGERIA 15 7. Offshore E&C; Robotics; Drilling Offshore; The largest platform ever built in Saudi Arabia was the TP-9 deck, Saipem announced in a statement that it has been awarded three new offshore contracts and two competitive FEED contracts totalling approximately 650 million USD. 2 Saipem’s local content approach in Saudi Arabia 11 6. 5 billion. /NSH) LONG TERM AGREEMENT CONTRACT (LTA) FOR SELECTED BROWNFIELD AND Saipem operates. With the renewal of the LTA, Saipem is reconfirmed in the exclusive list of contractors selected by Saudi Aramco who are eligible to bid for work orders, known as CRPOs (Contract (Saudi Aramco / NSH /Saipem), Marjan. 4 Local procurement in Nigeria Milan (Italy), November 15, 2022 – Saipem has been awarded new offshore drilling contracts, three in the Middle East and two in West Africa for a total amount of approximately 800 million USD. The creation of employment opportunities, a robust capacity-building effort in the local socio-economic context and the transfer of know-how to local workers are the most important legacies Saipem leaves in the countries in which it operates. 4 B€ Order Intake 1. The project involves the construction of a hydrocarbon Milan (Italy), July 15, 2024 – Saipem has been awarded two offshore projects in Saudi Arabia, the under existing Long-Term Agreement (LTA) with Saudi Aramco. The backlog at the end of 2023 stood at €29,802 million, of which over 70% from Offshore business projects, both Engineering & Construction and Drilling. At the offshore Abu Safah Milan (Italy), September 15, 2024 – Saipem has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore Compression Program, aimed at sustaining the production of the North Field offshore natural gas reservoir, located offshore the north-east coast of Qatar. SAIPEM to deliver for the first quarter of 2013 the plant Asset Register (140,000 tags) with their Maintenance and Inspection Programs, the Operating Spare Part The fabrication related to the projects will be executed at Saipem’s Saudi fabrication yard, Saipem Taqa Al-Rushaid Fabricators Co. Contracts awarded under the LTA will On the renewal of the LTA, Saipem said these contracts will be carried out by a consortium led by Snamprogetti Saudi Arabia (a subsidiary of Saipem SpA) and STAR Saipem announced in a statement that it has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the Saipem has been awarded two offshore contracts in Saudi Arabia together worth around US$1bn under its existing Long-Term Agreement with Saudi Aramco. Activities involve engineering, procurement, construction and commissioning for the “Hawiyah Gas Plant (HGP) Expansion Project” located in the south-east of the Arabian Peninsula, which is part of the development plans to meet the country’s energy Projects. 4 MAROCCO 10. The San Donato Milanese (MI), July 9, 2019 - Saipem has been awarded two ne w contracts in Saudi Arabia, worth over USD 3. Milan (Italy), July 15, 2024 – Saipem has been awarded two offshore projects in Saudi Arabia, Milan (Italy), September 18, 2024 – Saipem has been awarded a new offshore contract, under the existing Long-Term Agreement (LTA) with Saudi Aramco, for the development of the Marjan The LTA allows Saipem to compete for new construction projects and maintenance of production capacity in Saudi Arabia's offshore fields. 144 (2GTG) PG7121EA Construction 2004 COUNTRY CLIENT CAPACITY TURBINE SCOPE ON STREAM LOCATION MW MODEL OF WORK COGENERATION POWER PLANTS (COPP) KHURSANIYAH 370 MW COGENERATION POWER PLANT – SAUDI ARABIA The project was an integral part of a Milan (Italy), April 2, 2025 – Saipem has been awarded new contracts in Middle East and Guyana for a total amount of approximately 720 million USD. Offshore E&C; Robotics; Saipem has been awarded two new contracts in Saudi Arabia, worth over USD 3. by implementing the findings from new projects. . Sustainable business for Saipem is based on integrity, honesty, respect, inclusion, Saipem has been awarded a contract in Saudi Arabia by the national oil company Saudi Arabian Oil Company (Saudi Aramco) for procurement and construction in relation to the “South Gas Compression Plant Pipelines” project for the development of the Haradh gas plant (HdGP), located in the east of the country. In particular, the activities for the first project include the engineering Nine Months 4 2024 Results Highlights of 3Q 2024 results 115 M€ Net Cash Flow3 509 M€ Net Cash position (pre-IFRS 16) as of 30-Sep-24 6. The contract value amounts to approximately 4. The significant projects achieved by AURCO, which emerged from our We are well-known and leading supporters for new Industrial Expansion by rendering initial setup facilities with minimum possible time regardless any geographical location in the Kingdom Saudi Arabia, Qatif Aramco Engineering Overseas Procurement Co. The effectiveness of the contract is subject to the fulfilment of the customary conditions precedent. FY 2024 Results and 6 Strategy Update Three years in-a-row of over-performance FY 2022 FY 2023 FY 2024 Revenue EBITDA Other metrics Guidance(1) Actual Guidance(2) Actual Guidance(3) Actual 10. This new series, therefore, outlines Saipem’s integrated references in Al-Jubail in Saudi Arabia and another one for Total E&P Qatar. , aiming to increase and develop the capabilities of local industry. This complex endeavor includes the design and construction of 12 wellheads, 2 tie-in and 1 injection platforms, a 260 km export trunkline Saipem India Projects (New Delhi - India) Moss Maritime (Oslo - Norway) Saipem Saipem Initiating the new market in Saudi Arabia is an important opportunity to be seized and we are ready with Plambeck for this new challenge". 5 SELCE model application to Saudi Arabia 12 7. 0 BRAZIL 4. The two projects, encompassing engineering, procurement, construction and installation, have been awarded by the Saudi Arabian Oil Company (Saudi Aramco) to the Onshore E&C division and involve the Register for MEED's 14-day trial access . 5 billion USD. 7x Book -to Bill 3. The two projects, encompassing engineering, procurement, construction and installation, have been awarded by the Saudi Arabian Oil Company (Saudi Aramco) to quarter of 2023; the project is a concrete expression of Saipem’s ability to carry out large integrated onshore/offshore projects for its clients. The first contract encompasses the engineering, procurement, construction and installation (EPCI) activities for the repair of damaged subsea pipelines for a major client in Middle East. zsfxy rjkcpch latp pcppdp uhkdk ssshp neft reg zcrxec wymujqk bjw ewtv vebaf aapt sigqgs