Subsea7 wins major offshore Saudi Arabia contract with Aramco
Subsea engineering, construction and services company Subsea 7 S.A. (Subsea7) (OSE:SUBC) (OTCMKTS:SUBCY) announced on Monday that it has been awarded a major contract under its long-term agreement with Saudi Aramco (TADAWUL:2222) for offshore facilities in Saudi Arabia.
The scope covers engineering, procurement, construction, and installation (EPCI) of 106 km of infield and export pipelines, modifications to existing topsides, and associated hook-up activities. Project management and engineering work will commence immediately from Subsea7's offices in Saudi Arabia and the UAE.
Offshore operations are planned for 2027 and 2028.
The contract is valued between USD750m and USD1.25bn.
Published in
Nordic Business Report
on Monday, 15 September 2025
Copyright (C) 2025, M2 Communications Ltd.
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