McDermott wins Saudi Aramco EPCI contract
29 January 2018
US-based McDermott International has been awarded a major contract by Saudi Aramco for the engineering, procurement, construction and installation of 13 jackets in the Zuluf, Marjan, Berri and Abu Safah fields, offshore Saudi Arabia, with a combined weight of 24,000 metric tons.
A leading engineering, procurement, construction and installation (EPCI) contractor, McDermott has more than 50 years’ experience in these fields and this is the fourth fast-track project to be awarded by Saudi Aramco in the last 24 months, said the company in a statement..
The contract, which is in the range of $50 to $250 million, builds off its successful track record in the Middle East, it stated.
On the contract win, Linh Austin, McDermott VP (Middle East and Caspian) said: "This award is testament to Saudi Aramco’s confidence in McDermott’s ability to execute fast-track projects on schedule and to the highest standards of delivery."
"Since 2001, McDermott has built and installed over 121 jackets for Saudi Aramco with a total weight of over 200,000 MT. Not only is McDermott able to meet the schedules of fast-track projects, but we consistently deliver them with outstanding safety performance,” stated Linh.
McDermott plans to use its engineering teams in Dubai and Chennai (India) with construction taking place at its facilities in Jebel Ali (Dubai) and Dammam (Saudi Arabia). Vessels from McDermott's global fleet are scheduled to undertake the installation and completions work.
The contract award will be reflected in the company’s first quarter 2018 backlog and work is expected to be carried out through the second half of this year.