Saudi Aramco has awarded a five-year contract to British energy services company Wood for the development of the Marjan oil field in the Kingdom of Saudi Arabia’s eastern province.
Under the contract, Wood will provide engineering and project management services for the field.
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The contract is part of Saudi Aramco’s Marjan crude increment programme, which is designed to enhance its energy sustainability and diversify the economy.
In addition, the project is also intended to expand gas production, and localise domestic content.
Wood chief executive Robin Watson said: “We look forward to working in close partnership with Saudi Aramco to bring our broad and enduring expertise in engineering and project management to this project, which is significant for both our client and the Kingdom of Saudi Arabia.
“Our focus will be applying our ingenuity, range of capabilities and in-country knowledge to ensure its safe and successful delivery.
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By GlobalData“Our commitment to growing capability and capacity in the Kingdom will be demonstrated further on this contract, where we will focus on nurturing talent, providing employment opportunities and partnering with the supply chain.”
Wood will execute the front-end engineering design (FEED), major increment and overall project management consultancy from its UK, Saudi Arabia and India offices.
In November last year, the companies signed a memorandum of understanding (MoU) to create and accelerate opportunities for local workforces in the Kingdom of Saudi Arabia.
Wood is also currently providing pre-FEED and FEED for Saudi Aramco’s unconventional gas programme.
