# Saipem awarded EUR 1.6 billion EPCIC contract for Neptun Deep project

OMV Petrom signed a contract with Saipem S.p.A. and Saipem Romania SRL for engineering, procurement, construction, installation, and commissioning services for the Neptun Deep offshore gas project in the Romanian Black Sea, valued at approximately EUR 1.6 billion.

- Type: Contract
- Announced: 2023-08-04
- Where: Romanian Black Sea, Romania
- Value: $1.75B (1.60B EUR)
- Status: announced
- Products: natural gas production infrastructure
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Saipem](https://endata.com/companies/1847.md) (supplier)
- [OMV Petrom](https://endata.com/companies/4370.md) (customer)
- [Saipem Romania SRL](https://endata.com/companies/71847.md) (supplier)

## Sources

- [energyindustryreview.com](https://energyindustryreview.com/oil-gas/saipem-to-execute-epcic-for-neptun-deep-project/), 2023-08-04: "With the signing of this contract, we are taking a major step in the development of the Neptun Deep project – practically, this marks the beginning of the execution phase."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.