Page 10 - MEOG Week 49 2021

MEOG PROJECTS & COMPANIES MEOG

Saudi offshore wins for EPC contractors

SAUDI ARABIA SAUDI Aramco this week awarded upstream three-year extension to contracts already held
engineering deals to international contractors for 19 years.
as the Saudi firm looks to expand production It said it would continue to provide project
capacity. management, engineering, design, fabrication
New contracts were handed to American and installation supervision for Aramco’s port-
firm McDermott and UK-based Wood plc, while folio of offshore projects, which also includes the
another deal with extended with Australia’s Wor- supergiant Berri and Zuluf fields
ley for support services, all of which focus on the Only McDermott is a member of Aramco’s
Kingdom’s offshore oilfields. pools of long-term agreement (LTA) signatories
McDermott announced that it had been for offshore and onshore brownfield work.
awarded three contracts for engineering, pro- The offshore LTA pool is comprised of the
curement, construction and installation (EPCI) US firm and its compatriot Dynamic Industries,
work covering four drilling jackets and seven oil L&T with Subsea 7, Abu Dhabi state-backed
production deck modules (PDMs) at the Abu National Petroleum Construction Co. (NNPC),
Sa’fah, Safaniyah, and Zuluf fields – and Zuluf’s Italy’s Saipem, China Offshore Oil Engineer-
Ribyan reservoir. ing Co. (COOEC), UAE-based Lamprell with
It added that the three contract release pur- Boskalis of the Netherlands, Malaysia’s Sapura
chase orders (CRPOs) also cover more than 45 Energy, and UK-based TechnipFMC with
km of pipelines, more than 100 km of subsea Malaysia Marine & Heavy Engineering and
cables and tie-in works to existing facilities. South Korea’s Hyundai Heavy Industries.
The company anticipates that fabrication
work will begin in Q1 2022 ahead of installation Expansion plans
in Q4 and overall completion of the project in The contract awards come as Aramco works to
Q2 2023. increase maximum sustainable capacity (MSC)
Wood signed a two-year, multi-million-dol- from 12mn barrels per day to 13mn bpd.
lar deal for engineering and project manage- According to a research note by consultancy
ment services associated with the onshore and IGM Energy, of the fields covered by the con-
offshore Manifa oilfield and the offshore Safani- tract, Abu Sa’fah has a current MSC of 300,000
yah asset covering conceptual studies, front-end bpd, half of which is sent to Bahrain Petro-
engineering design (FEED) and project man- leum Corp.’s (BAPCO) refinery at Sitrah; Berri
agement work to facilitate and cater to increased can produce at the same level, though a crude
production. increment programme there is seeking to add
Jim Shaughnessy, Wood’s president of Con- 250,000 bpd of Arabian Light by 2026; Manifa
ventional Energy, said that the company would has a current MSC of 900,000 bpd; Safaniyah has
“apply our technical expertise and digital insight a capacity of 1.2mn bpd; and Zuluf with an MSC
to this mega-project, helping to maximise pro- of 825,000 bpd is undergoing to most significant
duction for two of the world’s most significant increment programme to add 600,000 bpd of
offshore oilfields”. Arabian Heavy.
The award follows Wood’s previous FEED The note added: “Following an increase of
work on Aramco’s Marjan Crude Increment 175,000 bpd at the ‘Ain Dar and Fazran fields,
Programme and its Unconventional Gas Aramco’s crude increment programmes are seen
Programme. expanding MSC by 1.675mn bpd [out to] 2026,
Worley’s deal also covers support work for the though this does not account for decline from
Saudi offshore, with the agreement providing a maturing assets.”™

Saudi Arabian Oil Production Capacity Additions (mmbd)
2021 2022 2023 2024 2025 2026
Current MSC 12 12 12 12 12 12
0.05
Dammam 0.175 0.175 0.175 0.025 0.025 0.175
0.175
Ain Dar and Fazran
0.175
Increments Berri 0.25 0.25 0.25
Marjan
0.3
0.3
Zuluf
0.6
Expanded MSC* 12.175 12.175 12.175 12.45 12.75 13.375
*Excludes declines at mature assets Source: IGM Energy

P10 www. NEWSBASE .com Week 49 08•December•2021