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Saipem, a major coup in Saudi Arabia: $600 million from Saudi Aramco. Italian excellence thrives, despite the crisis. - Economic Scenarios

Summary by Vogon Today
Saipem has just scored a respectable double win in the Persian Gulf. The Italian oilfield services giant has been awarded two contracts by Saudi Aramco worth a total of approximately $600 million (approximately €570 million at current exchange rates). This represents a boost to its order book and confirmation that, when it comes to complex technologies and hostile environments, Italian expertise is unrivaled. Let's take a closer look at the agre…
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Vogon Today broke the news in on Saturday, January 3, 2026.
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