Saipem Wins Qatar Offshore EPCI Contract Worth $3.1 Billion

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By Flavia Rotondi

December 21, 2025 at 4:37 PM UTC

Energy services and drilling specialists Saipem SpA and Offshore Oil Engineering Co. Ltd. have been awarded an offshore EPCI contract by QatarEnergy LNG.

The overall value of the contract is approximately $4 billion, with Saipem’s share amounting to approximately $3.1 billion, according to a statement on Sunday.