Saudi Aramco and Siemens Energy have signed a long-term service agreement (LTSA) including a range of turbines and generators at four major oil fields.
This 15-year contract is intended to ensure the reliable supply of power to Aramco’s key oil fields. Siemens Energy will also provide the necessary resources and material availability in the kingdom to face in case of any emergency.
“Siemens Energy is a strategic partner and a trusted service provider, that can ensure reliable power supply at these major oil fields, helping improve operational excellence and continuously enhancing the performance of our strategic assets,” said Mohammad Al-Shammary, Aramco VP of Procurement and Supply Chain Management.
The agreement with Aramco will also enable Siemens Energy to expand localization plans through the development of high-tech industry and training of a skilled Saudi workforce, to increase job expertise and raise domestic capabilities in Saudi Arabia. Siemens Energy’s activities will meet the requirements outlined in the In-Kingdom Total Value Add Program (IKTVA).
“Siemens Energy is dedicated to providing and ensuring stable, efficient and resilient power supply to Aramco, while delivering value beyond the scope of the contract, by contributing to the local economy and developing the skills and employability of Saudi nationals,” said Mahmoud Sulaimani, Managing Director of Siemens Energy Saudi Arabia.
Siemens Energy’s Service Workshop, formerly known as ISCOSA, is currently in the relocation phase to the Siemens Dammam Energy Hub, Siemens Energy’s largest gas turbine and compressor manufacturing facility in the region , which includes a full-fledged service set up to cover the entire product lifecycle. The Hub’s advanced Service Workshop is where any kind of rotating equipment can be serviced, from small repair work over pumps, gears to compressors, heavy generators, and large gas turbine rotors with their Hot Gas Parts.
