Published On: Sun, Nov 22nd, 2020

Saudi Aramco awards contracts for oil and gas brownfield projects

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Saudi Aramco has awarded contracts pertaining to its oil and brownfield and plant upgrade projects to eight companies.

The long-term agreements (LTAs) with the companies are for a base period of six years, which can be extendable for six more years.

The companies, which won the contracts are a consortium of Nasser Saeed Al-Hajri And Contracting /Samsung EPC, Daelim Saudi Arabia, Engineering for The Petroleum and Process Industries (Enppi), GS Construction Arabia, Saipem, JGC Gulf Engineering, , and Hyundai Engineering and Construction.

According to Saudi Aramco, the scope of the LTAs covers engineering, procurement, construction, start-up, and pre-commissioning of the projects, and also the installation of the upgraded facilities in the chosen operating areas.

Saudi Aramco awards contracts for oil and gas brownfield projects

Saudi Aramco awards contracts for oil and gas brownfield projects. Photo courtesy of Saudi Arabian Oil Co.

Ahmad A. Al Sa’adi – Saudi Aramco Technical Services Senior Vice President said: “We are delighted to have concluded these LTAs as part of our new strategy, which offers a number of benefits to Aramco and our partners, and it will have a positive impact on the business environment and economic activities in the Kingdom.

“These LTAs which are associated with huge business which allow us to boost the performance of our brownfield and upgrade projects through new technologies and pioneering environmental sustainability fundamentals, while improving contract procurement and construction phases.

“In addition, it will enable us to continue developing homegrown talent in Saudi Arabia through achievable employment targets. This is very important to us, as well as contribute to our IKTVA target to increase local content.”

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