In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region.
(Editor’s note: This list is not a ranking)
1. Aramco awards EPC contract for world’s largest offshore field
Aramco has awarded an engineering, procurement, construction and installation (EPCI) contract for its $1 billion Safaniya offshore increment project to China Offshore Oil Engineering Co (COOEC), according to data from DMS Projects.
The EPCI works on the Safaniya offshore increment project, which was divided into 10 tenders, includes 13 offshore jackets that will be built in Qingdao city in Shangdong province.
According to media reports, COOEC expects project delivery in July 2024.
2. Italian company wins $439 million contracts for Aramco’s Zuluf development
Italian company Fisia Italimpianti announced winning two contracts worth $439 million for the construction and management of a water treatment plant for Aramco’s giant Zuluf development program.
The contracts mark Fisia Italimpianti’s entry into the oil and gas industry and return to the operation and maintenance segment of the water sector.
The first contract, valued at $327 million, is a EPC agreement that will see the company construct a plant required for the Zuluf Central Processing Facilities, which is a part of the Zuluf field development program for Saudi oil giant Aramco.
The plant will treat, degas, and filter water for iron and suspended solids at a maximum production capacity of 185,000 cubic meters per day, and will be built for a consortium consisting of Almar Water Solutions and Aljomaih Energy and Water Co Ltd on behalf of Aramco.
The second contract, worth $112 million, involves the operation and maintenance of the completed plant for 25 years.
3. Saipem secures FEED and EPCI contract from Turkish Petroleum
Italian giant Saipem secured a contract from Turkish Petroleum OTC for the second phase of Sakarya FEED and EPCI Project and entails the Engineering, Procurement, Construction and Installation of a 16” pipeline, 175 km long, at 2,200-meter water depth, in the Turkish Black Sea waters.
The offshore operations are to begin in summer 2024 and will be conducted by Saipem’s flagship vessel Castorone. Saipem has recently completed with success the first phase of Sakarya Gas Field Development project, awarded by Turkish Petroleum OTC in 2021.
4. ADNOC Offshore awards major contract for asset repair
ADNOC Offshore awarded a significant contract to UK-based ICR Integrity (ICR), a global provider of specialist repair, inspection and integrity solutions.
ICR and its UAE partner Advanced Petro Services (APS) will deliver the 5-year composite repair project for all ADNOC Offshore assets, ICR said in a press statement.
The statement didn’t disclose the contract value but said it is in seven figures.
ICR said its Abu Dhabi-based team will support ADNOC Offshore across its 14 fields, including four artificial islands.
5. Shell awards contract to Worley for major global projects
Shell awarded Worley an enterprise framework agreement (EFA) to support Shell’s projects worldwide.
Worley announced in a statement that the EFA will be effective for three years, with options for two additional one-year extensions.
The agreement encompasses a wide range of services, including engineering, procurement, and integrated project management, for all of Shell’s businesses.
Worley’s project execution teams will prioritize digitalisation and replication as they deliver their services, said the statement.
