Saudi Aramco has awarded an EPCI contract to McDermott for four jackets and three gas observation platforms offshore Saudi Arabia and renewed an onshore general engineering service contract with WorleyParsons for five years, the contracts said in separate statements.
McDermott’s engineering, procurement, engineering and installation of all structures will weigh a total of 11,595 tons.
“As the third fast-track jacket contract from Saudi Aramco in the last 18 months, this award is a testament to McDermott’s successful performance on previous fast-track projects for Saudi Aramco,” Linh Austin, McDermott’s vice president for Middle East and Caspian said in a statement. “McDermott’s fully-integrated EPCI solution provides Saudi Aramco schedule certainty, one of their key drivers, while helping them meet their aggressive schedule.”
In 2015, McDermott was awarded a project by Saudi Aramco for the EPCI of twelve jackets; a project successfully completed in 2016. McDermott is currently executing EPCI work for Saudi Aramco on nine jackets offshore Saudi Arabia, which are expected to be delivered in the third quarter of 2017.
The contract award will be reflected in McDermott’s fourth quarter 2016 backlog. Work on the contract is expected to be executed through the fourth quarter of 2017.
McDermott plans to use its engineering teams in Dubai, Chennai, India and Al Khobar, Saudi Arabia with construction taking place at McDermott’s fabrication facilities in Dubai and Dammam, Saudi Arabia. Vessels from McDermott’s global fleet are scheduled to perform the installation work.
WorleyParsons’ work for Saudi Aramco includes the provision of project management, and preliminary and detailed design engineering services across a variety of onshore, green and brownfield projects in the oil and gas and infrastructure sectors, the company said in a statement.
WorleyParsons chief executive officer, Andrew Wood said, “We are pleased WorleyParsons is able to continue to deliver projects for Saudi Aramco through this contract renewal.”
The contract has the potential to be renewed for up to three additional years in one-year increments.