- Subsea 7 secures a major project with Aramco for offshore facilities.
- The project enhances Subsea 7’s strategic ties with Aramco, valued up to $1.25 billion.
Subsea 7 announced a major project award under a long-term agreement with Aramco for offshore facilities in Saudi Arabia.
The contract involves engineering, procurement, construction, and installation of pipelines and topside modifications, with project management and engineering commencing immediately in Saudi Arabia and the UAE, and offshore activities planned for 2027 and 2028.
This project strengthens Subsea 7’s strategic relationship with Aramco and is valued between $750 million and $1.25 billion, highlighting the company’s significant role in the offshore energy sector.
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