2020 RPME Top 30 EPC Contractors: Saipem

  • Date: 15-Apr-2020
  • Source: Arabian Industry
  • Sector:Industrial
  • Country:Bahrain
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2020 RPME Top 30 EPC Contractors: Saipem

In February 2020, Saipem has signed a memorandum of understanding (MoU) with Gulf Petrochemical Industries Company (GPIC), a joint venture equally owned by the National Oil and Gas Holding Company in the Kingdom of Bahrain, SABIC Agri-nutrient Investments in the Kingdom of Saudi Arabia, and Petrochemical Industries Company in Kuwait.. In September 2019, Saipem was included, for the third consecutive year, in the World and Europe equity indices of the Dow Jones Sustainability Index, as a leader in the energy equipment services industrial sector.. The contract was awarded by Duqm Refinery and Petrochemical Industries Company.. In July 2018, Saipem was awarded onshore E&C contracts, worth approximately $800mn in total, in five countries, including Saudi Arabia and Iraq..