Saudi oil giant Aramco has received bids from its pool of long-term agreement (LTA) contractors for the Manifa offshore development expansion, data from DMS Projects shows.
The Saudi energy giant’s expansion project, which is scheduled to be completed by 2025, aims to increase the output capacity of key offshore hydrocarbons installations in the kingdom, and raise their overall operational efficiency. The Manifa project is also known as Contract Release & Purchase Order (CRPO) 121.
Despite project delays slowing down contacting activity, Aramco is expected to account for about 60% of the topsides contracts, driven by continued investment in the offshore Abu Safah, Manifa, Safaniya and Zuluf projects, with 50 platform jackets already awarded for these fields in the first half of the year.
In December 2021, engineering services firm Wood secured a multi-million dollar contract with Saudi Aramco for the delivery of engineering and project management services for the Safaniyah and Manifa oil fields.
The two-year contract includes the delivery of conceptual studies, FEED, and project management services for Saudi Aramco’s oil and gas, pipelines, and infrastructure facilities and will maximise production capacity.
