Technip FMC and Malaysian engineering partner MMHE signed a six-year offshore agreement with Saudi Aramco for developing offshore projects.
The deal covers engineering, procurement, fabrication, transportation and installation of offshore facilities, TechnipFMC said in a statement.
Nello Uccelletti, president of TechnipFMC’s onshore and offshore business, said: “We are very pleased to extend our partnership with Saudi Aramco and to support their ambitious offshore development program. Along with our partner MMHE, we firmly believe that success is achieved through collaboration and that this agreement, leveraging the know-how and expertise of all parties, will be beneficial to the Saudi industry.”
The agreement builds on the long-term relationship between TechnipFMC and Saudi Aramco, as well as the strong partnership between TechnipFMC and MMHE (Malaysia Marine and Heavy Engineering) which has a proven track record of successful project execution and delivery.
In support of this project, TechnipFMC will continue hiring and training Saudi engineers, supporting the on-going Saudisation initiative.