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December 10, 2021

McDermott wins Aramco offshore contracts

McDermott has been awarded three contracts by Saudi Aramco for offshore EPCI projects of four drilling jackets and seven oil production deck modules.

By MEED   

US oil and gas contractor McDermott has announced being awarded three new contracts by Saudi Aramco for offshore engineering, procurement, construction and installation (EPCI) projects.

The contracts will see McDermott provide EPCI of four drilling jackets and seven oil production deck modules (PDMs) in Saudi Arabia’s Zuluf, Ribyan, Abu Safah and Safaniya fields located offshore in the Gulf, the Houston-headquartered contractor said in a statement.

McDermott did not reveal the financial values or the detailed scope of work on its contracts.

MEED in September reported that McDermott was the frontrunner to win the three jobs which sit as numbers 73, 74 and 84 on Aramco’s Contracts Release and Purchase Order System (CRPO).

Offshore brownfield works

Aramco’s offshore Long-Term Agreement (LTA) contractors submitted bids for CRPO 73 by 30 June. The value of the contract is estimated to be around $100m.

The scope of work on the tender covers EPCI works on four drilling jackets at the Abu Safah, Ribyan and Zuluf fields, plus associated structures, according to sources.

The scope of work on CRPO 74 calls for EPCI works on three production deck modules (PDMs) at the Abu Safah and Safaniya oil field developments. The tender also involves installing associated units such as a 10km rigid pipeline in three segments, two subsea valve skids and 26km of 15kV subsea cable in three segments.

Bids for CRPO 74, which is estimated to be worth $150m, were submitted by 8 July.

CRPO 84 is understood to be the biggest of the three contracts McDermott is on course to win, with an estimated value of $350m, according to the sources.

Bids for this tender were submitted by 12 July.

The main scope of work on CRPO 84 calls for EPCI works to install four PDMs each at the Ribyan and Zuluf oil field developments and associated pipelines and cables.

Fabrication work on the three CRPOs is expected to begin in the first quarter of 2022, McDermott said, with offshore installation commencing in the fourth quarter and overall completion expected in the second quarter of 2023.

This article is published by MEED, the world’s leading source of business intelligence about the Middle East. MEED provides exclusive news, data and analysis on the Middle East every day. For access to MEED’s Middle East business intelligence, subscribe here.

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