Aramco awards major Marjan field deal to BHGE

Saudi Aramco has awarded the first large-scope integrated services contract for its Marjan oilfield – the first of three major offshore expansions in Saudi Arabia, and the company’s largest upstream development project this year – to Baker Hughes, a GE company (BHGE).

Under the contract’s terms, BHGE will provide drilling services, coiled tubing services and drilling fluids engineering services in Marjan.

Mohammed Y  Al Qahtani, senior vice president of Upstream at Saudi Aramco, 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.”

Lorenzo Simonelli, chairman, president and CEO, 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.”

Under the contract, BHGE will commence work this month with an aim to increase the field’s capacity. BHGE’s provision of drilling services will include logging-while-drilling, reservoir navigation services, and rotary steerable services.

Source: tradearabia.com