Marjan Complex is a producing conventional oil field located in shallow water in Saudi Arabia and is operated by Saudi Arabian Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Saudi Aramco Concession Area. Buy the profile here.
Two expansion projects are associated with the Marjan Complex conventional oil field, namely the Marjan Expansion and the Lawhah Development. The expansion projects are currently in the construction stage.
Field participation details
The field is owned by Saudi Arabian Oil.
Production from Marjan Complex
The Marjan Complex conventional oil field recovered 29.22% of its total recoverable reserves, with peak production expected in 2027. The peak production will approximately 784.00 thousand bpd of crude oil and condensate, 627.00 Mmcfd of natural gas and 352.80 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 18,755.37 Mmboe, comprised of 12,535.67 Mmbbl of crude oil & condensate, 10,269.13 bcf of natural gas reserves and 4,508.17 Mmbbl of natural gas liquid reserves. Marjan Complex conventional oil field reserves accounts 4.16% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Marjan Complex conventional oil field
Some of the key contractors involved in the Marjan Complex project as follows.
Design/FEED Engineering: John Wood Group and Worley
Main EPC: Eni, Lamprell, Larsen & Toubro, Hyundai Engineering & Construction and China National Offshore Oil
EPC Contractors: McDermott International, KTL Global, National Marine Dredging, Al Shalawi International Holding and IMCC Investment
Other Contractors: Baker Hughes, Acteon Group, 3W Networks, Ampo Poyam Valves and COSCO Shipping Special Transportation
About Saudi Arabian Oil
Saudi Arabian Oil Co (Saudi Aramco) is a state-owned energy and chemical company. It carries out the exploration, production and processing of crude oil and natural gas, refining, fractionation of natural gas, production of petrochemicals, and distribution of petroleum products and natural gas. The company operates wholly-owned domestic refineries and has interests in joint venture refineries with international partners. Saudi Aramco operates through a network of pipelines, bulk plants, air refueling sites and terminals. The company also operates power plants and associated transmission and distribution facilities in the Kingdom of Saudi Arabia. The company has subsidiaries and joint ventures across the Americas, Europe and other regions. Saudi Aramco is headquartered in Dhahran, Eastern Province, Saudi Arabia.
For more details on the Marjan Complex Conventional Oil Field, buy the profile here.