Subsea7 has secured a major offshore engineering, procurement, construction, and installation (EPCI) contract from Aramco, valued between $750 million and $1.25 billion, under its long-term agreement with the Saudi state-owned oil giant.
The project scope covers 106 kilometers of infield and export pipelines, modifications to existing topsides, and associated hook-up activities. Engineering and project management work will begin immediately at Subsea7’s offices in Saudi Arabia and the UAE, with offshore execution scheduled for 2027 and 2028.
“This project marks another important milestone and reinforces our long-term strategic engagement with Aramco,” said David Bertin, Senior Vice President for Subsea7 Global Projects Centre East.
The award further solidifies Subsea7’s position in the Middle East offshore sector, where Saudi Arabia remains one of the most active upstream investment hubs.
