Saipem, has been awarded a new onshore contract for the Uthmaniyah Gas Compression Plant project in the Kingdom of Saudi Arabia. The contract, with a duration of approximately 42 months, was signed by Saipem Nasser Saeed Al‑Hajri Contracting Company (SNSH), a jointly controlled company owned by Saipem and by Nasser Saeed Al‑Hajri and Partners Company for Contracting (NSH). The value of Saipem’s share of the contract amounts to approximately 900 million euro.

The project involves engineering, procurement and construction (EPC) activities for a new compression plant serving the non‑associated gas field of Uthmaniyah. The new compression plant will extend the production life of the field, helping to support the growing energy demand of the Kingdom of Saudi Arabia.

The Uthmaniyah Gas Compression Plant is the first EPC project awarded under the National EPC Champion Program, which is designed to develop a national EPC champion capable of executing the full range of onshore EPC activities while maximizing the use of local resources and expertise. Accordingly, Saipem and NSH, one of the leading Saudi onshore construction companies, established SNSH in Saudi Arabia, combining Saipem’s engineering and project management capabilities with NSH’s construction expertise.

The award of this project strengthens Saipem’s presence in the Kingdom of Saudi Arabia and confirms Saipem’s commitment to contributing to the development of the Kingdom of Saudi Arabia’s energy infrastructure, while promoting the use of local skills and resources.

About Saipem

Saipem is a global leader in the engineering and construction of major projects for the energy and infrastructure sectors, both offshore and onshore. Saipem is “One Company” organized into business lines: Asset Based Services, Drilling, Energy Carriers, Offshore Wind, Sustainable Infrastructures. The company has 5 fabrication yards and an offshore fleet of 17 construction vessels owned and 12 drilling rigs, of which 9 owned. Always oriented towards technological innovation, the company’s purpose is “Engineering for a sustainable future”. As such Saipem is committed to supporting its clients on the energy transition pathway towards Net Zero, with increasingly digital means, technologies and processes geared for environmental sustainability. Listed on the Milan Stock Exchange, it is present in more than 50 countries around the world and employs about 30,000 people of over 130 nationalities.