Saudi Aramco awards contract to Baker Hughes for Marjan oil field

5 September 2018 (Last Updated July 9th, 2020 15:45)

Petroleum and natural gas company Saudi Aramco has awarded an integrated services contract for its Marjan oilfield to Baker Hughes, a GE company (BHGE).

Saudi Aramco awards contract to Baker Hughes for Marjan oil field
BHGE president and CEO Lorenzo Simonelli at the signing ceremony with Saudi Aramco upstream senior VP Mohammed Qahtani. Credit: Saudi Arabian Oil Co.

Petroleum and natural gas company Saudi Aramco has awarded an integrated services contract for its Marjan oilfield to Baker Hughes, a GE company (BHGE).

The first of three major offshore expansions in Saudi Arabia, Marjan oilfield is Saudi Aramco’s largest upstream development project this year.

According to the terms of the contract, BHGE will offer drilling services, coiled tubing services and drilling fluids engineering services in Marjan.

Saudi Aramco upstream senior vice-president Mohammed Al Qahtani said: “The Marjan oilfield is one of the major upstream developments this year that will contribute to the Kingdom’s oil production strengths, helping maintain capacity and meet domestic and global demand. We are pleased to work with BHGE as a partner with proven offshore drilling strengths and technologies.”

“All our solutions for Marjan are designed to achieve the best outcomes that meet Saudi Aramco’s goals.”

BHGE is slated to start work this month so that capacity of the oil field can be boosted. The drilling services will include logging-while-drilling, reservoir navigation services, and rotary steerable services.

BHGE chairman, president and CEO Lorenzo Simonelli said: “We are honoured to win the integrated services contract from Saudi Aramco, which highlights our strong performance track-record in Saudi offshore operations.

“BHGE is a leader in providing offshore drilling, and we understand the requirements of our customers. With a significant number of wells, the Marjan expansion requires proven and efficient technology, matched by digital competencies that BHGE can deliver, which will make the operations seamless. All our solutions for Marjan are designed to achieve the best outcomes that meet Saudi Aramco’s goals.”

Recently, Saudi Aramco Upstream Technology Company (SAUTC), a Saudi Aramco company, and Russia-based Lomonosov Moscow State University (MSU) signed a MoU for research on upstream technology.