Page 14 - MEOG Week 49 2021

MEOG NEWS IN BRIEF MEOG

assets, mostly complete.
“We’re excited to announce Aramco’s
new drilling and workover head office and
industrial hub at SPARK. Its establishment
will enhance the oil and gas supply chain by
utilising SPARK’s advanced offerings, such
as its logistics hub and dry port, to establish
a thriving eco-system,” SPARK president and
CEO, Saif Al Qahtani, said.
“This can also be a driver for other
localisation opportunities across the energy
value chain, for example at SPARK’s digital
GAS SERVICES and non-metallic hubs. SPARK aims to
support the industry and attract small and
Last gas compressor of SPARK breaks ground on medium enterprises to its state-of-the-art,
ready-built facilities and its supply base
South Pars phases 22-24 277,000 square metre operated by Oilfields Supply Center (OSC),”
he added said.
goes online drilling site OGME

The operator of the development project King Salman Energy Park (SPARK) in Saudi Aramco, L&T to collaborate
of phases 22 to 24 of South Pars Gas Field Arabia announced that Aramco and Horizon
said the last gas turbo-compressor of the Project Company broke ground on a 277,000 on manufacturing sector
phases’ refinery has been successfully put square metre drilling and workover site on
into operation, the portal of Pars Oil and Gas Wednesday. Construction on the site is set to development
Company (POGC) announced. be completed by Q2 2023.
“In order to make the necessary “This is another significant venture by Aramco in collaboration with Indian
preparation for the stable supply of fuel in Aramco that will contribute to business conglomerate Larsen & Toubro (L&T)
winter, the last turbo-compressor of the continuity. We expect the new drilling is developing manufacturing capabilities
refinery of phases 22 to 24 was put into and workover facilities to attract other in the Kingdom of Saudi Arabia. The
operation,” Ali-Asghar Sadeghi said. oil field services companies, who have companies have signed a Memorandum of
He noted that the gas transmission unit of an indispensable role to play within the Understanding outlining collaboration on
the refinery of the mentioned phases includes collaborative setting of an integrated energy L&T’s efforts to establish the region’s first
six turbo-compressors for sending processed ecosystem,” Nasir Al-Naimi, senior vice- Heavy Wall Pressure Vessels facility at Saudi
gas to the national network. president of upstream at Aramco said in a Arabia’s strategically located Jubail Industrial
The official put the gas production capacity statement. City. The MoU is in line with the Aramco
of the project at 56 million cubic meters The new complex will provide Namaat programme, launched in September,
(mcm) per day, and said: “With the injection infrastructure for 1,200 drilling and workover which aims to tap into the vast opportunities
of gas into the refining and gas processing employees. Aramco and Horizon have already available in Saudi Arabia to create value,
lines, in addition to producing hydrocarbon signed a 22-year contract for the project. as well as drive economic expansion and
products such as gas condensate, liquefied gas, “The development strategically advances diversification.
ethane and sulfur, 50 mcm of sweet gas will our role as an anchor tenant at SPARK. As an Ahmed Sa’adi, Aramco’s Senior Vice
also be sent through a 42-inch pipeline to the integrated ecosystem for the energy sector, President of Technical Services, said: “This
national gas transmission network on a daily SPARK is being designed to capture the full manufacturing facility, once completed,
basis.” economic value of demand for energy-related will provide a large number of skilled job
South Pars phases 22-24 development plan goods and services. Aramco intends to opportunities for Saudi youth, localise
produces 56 mcm of rich gas, 75,000 barrels leverage the scale of our drilling activities to the “know how” of heavy wall vessels
of gas condensate, 1.5 million tons of liquid meet that demand and ensure continuity of in the Kingdom, and deploy the latest
liquefied petroleum gas (propane and butane), energy supply, thereby cementing our position manufacturing technologies to serve the
and one million tons of ethane per day to as a global energy leader and bolstering Kingdom and MENA region. We expect this
feed petrochemical plants and has also a daily the Kingdom’s position as a hub for energy facility to help Aramco and others in the
production capacity of 400 tons of sulfur. services,” Abdulhameed Al-Rushaid, vice- Kingdom to increase localisation and optimise
POGC is in charge of developing the president of drilling and workover at Aramco capital cost.”
giant South Pars gas field, which Iran shares said. Mr. S. N. Subrahmanyan, L&T’s CEO,
with Qatar in the Persian Gulf. The field is SPARK is a 50-square kilometre Saudi said: “We believe this is another significant
currently divided into 24 standard phases on Arabian mega project that is currently milestone for L&T in the Kingdom and a
the Iranian side and is estimated to contain a under construction. The site is located in the strong testimony to our commitment to the
significant amount of natural gas, accounting Eastern Province of Saudi Arabia and is being development of the region. We wish to express
for about eight percent of the world’s reserves, developed by Saudi Aramco. our gratitude to Saudi Aramco for their
and approximately 18 billion barrels of Execution of the site is planned over three guidance and support in the Kingdom.”
condensate. phases, which the first phase, consisting of ARAMCO
TEHRAN TIMES infrastructure, raods, utilities and real estate

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