en.Wedoany.com Reported - Italian energy contractor Saipem's Saudi joint venture has secured a €900 million ($1 billion) contract from Saudi Aramco to extend the life of the Uthmaniyah gas field in the Eastern Province.
The gas compression expansion project is undertaken by Saipem Nasser Saeed Al‑Hajri Contracting Company, jointly controlled by Saipem and Nasser Saeed Al‑Hajri and Partners Company for Contracting. According to a Saipem statement, the project includes engineering, procurement, and construction (EPC) activities for a new compression plant at the Uthmaniyah non-associated gas field. The new compression plant will extend the field's production life to meet Saudi Arabia's growing energy demand.
The Uthmaniyah gas compression plant is the first EPC project awarded under Aramco's National EPC Champion Program. According to its website, state-owned Aramco is pursuing a strategy to increase its gas production by 80% to 18 billion standard cubic feet per day by 2030. In November 2020, Aramco signed a 12-year framework agreement with Saipem covering onshore engineering and construction activities. In December, the Saudi-listed energy company awarded Saipem two contracts worth $600 million to expand its oil field infrastructure.
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