Italian contracting giant Saipem has secured a significant EPCI contract from Aramco for phase 3 expansion of the Marjan gas field, according to a report by DMS projects.
The project scope involves EPCI of five gas lift platforms, demolition of existing structures as well as gas oil separation plant upgrades.
Top contractors including McDermott and NPCC were in the race for this sizeable contract, the value of which is estimated to be around $1 billion.
Saudi Aramco has extensive offshore operations on its Gulf coast that includes Safaniya, the world’s largest offshore oil field, as well as several large non-associated gas fields including Berri, Karan, Manifa, Marjan, Ribyan, and Zuluf. Many of the gulf fields are mature and likely to require extensive rehabilitation over the next decade to maintain production. Every year, hundreds of new wells need to be drilled to maintain operations in shallow-water fields. The purpose of the MPP programme is to manage the maintenance, revamping, or expansion operations of all Aramco offshore facilities.