Page 14 - MEOG Week 26 2022

MEOG NEWS IN BRIEF MEOG

SERVICES the Middle East for an overall amount of be awarded four new contracts in the Middle
approximately $600mn. East.
Saipem awarded services of existing contracts regarding four land-rigs encompasses the engineering, procurement,
The awards relate to the ten-year extension
The scope of work of the contracts
contracts in Middle East located in the Middle East. The land rigs, with construction and installation of several
offshore jackets, decks, subsea pipelines,
power ranging from 1,500 to 2,000 HP, will
Saipem has been awarded several contracts, be employed for exploration and production subsea composite cables, umbilicals, fibre
both onshore and offshore, in the Middle East activities in various oil and gas fields, in optic cables and brownfield modifications.
worth approximately $1.25bn. continuity with operations under execution in The combined value of the contracts is
The first group of contracts concerns the the area. approximately 650 million USD.
extension of onshore drilling contracts in Furthermore, Saipem has been selected to SAIPEM

P14 www. NEWSBASE .com Week 26 29•June•2022