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Tuesday, Feb 24, 2026

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Saipem Secures Major Offshore Pipeline Contract in Saudi Arabia

Italian engineering group wins new award to expand subsea infrastructure supporting the Kingdom’s offshore energy development
Saipem has been awarded a new offshore pipeline contract in Saudi Arabia, reinforcing the Kingdom’s ongoing expansion of its offshore energy infrastructure.

The Italian engineering and construction group confirmed that the contract covers engineering, procurement, construction and installation activities for subsea pipelines and associated facilities in Saudi waters.

The award forms part of a broader offshore development programme aimed at sustaining production capacity and enhancing the reliability of upstream operations.

While financial details of the contract were not fully disclosed, the project is understood to involve the laying of several kilometres of subsea pipelines, along with related platform tie-ins and marine operations.

The work is expected to be executed using Saipem’s specialised offshore construction vessels, reflecting the company’s long-standing technical presence in the region.

Saudi Arabia continues to invest heavily in maintaining and optimising its offshore oil and gas assets as part of its broader energy strategy.

The Kingdom remains a leading global energy supplier, and ongoing infrastructure upgrades are intended to support production efficiency, resilience and long-term market stability.

Offshore developments play a critical role in ensuring sustained output and meeting both domestic and international demand.

Industry analysts note that the contract award underscores continued momentum in Middle East offshore investment despite fluctuations in global energy markets.

Major international contractors have increasingly secured work in the Gulf, where national energy companies are pursuing capacity expansion and modernisation initiatives.

For Saipem, the new project strengthens its order backlog and consolidates its footprint in Saudi Arabia, a core market for offshore engineering services.

The company has previously delivered multiple pipeline and platform projects in the Kingdom, and the latest award signals continued collaboration in support of large-scale offshore operations.
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