Mega Oil and Gas Projects Saudi Aramco Signs Contracts worth 4.5 Billion Dollars
Saudi Aramco has recently signed agreements with several oil and gas service contractors for its mega oil and gas projects that will be designed to enhance the company’s energy sustainability, expand gas production, localize domestic content and also diversify the economy. The agreements are valued at nearly 4.5 billion dollars in total.
Dhahran/Saudi Arabia — Eight agreements were signed, including three agreements with Madrid-based Técnicas Reunidas under the gas compression programme in the southern area. The project will improve and sustain gas production from the Haradh and Hawiyah fields for the next 20 years by bringing an additional 1 billion standard cubic feet per day. The Hawiyah gas plant expansion project will provide additional gas processing facilities to process raw sweet gas, to efficiently meet the Kingdom’s energy demand. The contract will be awarded to the Italian firm Snamprogetti (Saipem).
Other agreements that have been signed cover the free flow pipeline contract for Haradh and Hawiyah (with China Petroleum Pipelines Company); engineering and project management services for the Zuluf field development programme (with Jacobs Engineering); the pipeline and trunk line project of the Safaniyah field (with Abu Dhabi-based National Petroleum Construction Company); and the slipover platforms and electrical distribution platform project in the Safaniyah field (with Mc Dermott Middle East).