Page 11 - MEOG Week 25 2022

MEOG TENDERS MEOG

LTA parties pick up Aramco offshore work

SAUDI ARABIA SAUDI Aramco is reported to have awarded production from Jafurah. It said in a filing on the
nine engineering, procurement, construction Abu Dhabi Securities Exchange (ADX) that the
and installation (EPCI) contracts for work cov- Jafurah deal is worth $460.2mn with the Manifa
ering mainly offshore oilfields. The deals were contract valued at $213mn.
handed to members of Aramco’s pool of long- L&T/Subsea 7 will fabricate the remaining 30
term agreement (LTA) signatories, which are jackets, which will be installed at Ribyan, Safan-
accorded pre-qualification and access to such iyah and Zuluf.
tenders. The award follows deals signed earlier this
The LTA pool comprises Italy’s Saipem, year with McDermott, L&T/Subsea 7 and NPCC
McDermott of the US, a consortium of India’s for EPC work on the Zulu Crude Increment Pro-
L&T and UK-based Subsea 7, US firm Dynamic gramme, which will roughly double the field’s
Industries, a consortium of UAE-based Lamprell 550,000-600,000 barrel per day (bpd) produc-
and Dutch company Royal Boskalis Westmin- tion by 2026.
ster, the UAE’s National Petroleum Construc- These deals were valued at around $4.5bn,
tion Co. (NPCC), Sapura Energy of Malaysia, a while Japan’s JGC won a $2-2.5bn EPC deal for
consortium of Technip Energies and Malaysia the Zuluf Arabian Heavy (AH) Increment Cen-
Marine & Heavy Engineering (MMHE), China tral Processing Facilities, which comprise a core
Offshore Oil Engineering Co. (COOEC) and onshore gas-oil separation plant (GOSP) and
South Korea’s Hyundai Heavy Industries. utility facilities, including those for water injec-
Speaking to Upstream, sources close to the tion. Expansion project will focus on the produc-
LTA awards said that the latest deals, worth a tion of AH.
combined $1.6bn, were awarded to Saipem, Elsewhere, Wood Group has assumed the
L&T/UK-based Subsea 7 and NPCC. role of project manager and is carrying out the
The deals cover the offshore Abu Sa’fah, Man- front-end engineering and design (FEED) work
ifa, Ribyan, Safaniyah and Zuluf fields, the Qatif to sustain and expand production at Manifa and
oilfield, which is predominantly located onshore, Safaniyah, which have a capacity of 800,000 bpd
and work associated with the Jafurah unconven- and 1.2mn bpd respectively.
tional gas and condensate field, and entail the Following the completion of projects at the
EPCI of five production deck modules (PDMs) Ain Dar (100,000 bpd) and Fazran (75,000 bpd)
and 50 rig jackets. areas of the supergiant Ghawar oilfield last year,
Saipem will fabricate all of the PDMs – for Aramco’s crude increment programmes – cov-
Abu Sa’fah, Marjan, Qatif and Safaniyah – as well ering the Berri, Dammam, Khurais, Marjan and
as six of jackets which will be installed at Abu Zuluf assets – are targeting 1.5mn bpd of new
Sa’fah, Marjan, and subsea pipelines and cables output, which will offset declines elsewhere
for Qatif. while also likely contributing to the company’s
NPCC, the only company to confirm the deal effort to expand maximum sustainable capacity
publicly, will develop 14 jackets for Manifa while (MSC) from 12mn bpd to beyond 13mn bpd by
also developing a terminal to handle condensate 2027.™

Week 25 22•June•2022 www. NEWSBASE .com P11