Saudi Aramco, the leading energy company in the world, has placed its confidence in the National Petroleum Construction Company, NPCC, by awarding two new contracts for 17 Jackets in Berri and Marjan Oilfields.
"These EPC contracts for Berri and Marjan Oilfields include Engineering, Procurement, Construction, Transportation and Installation of nine and eight jackets respectively," said Aqeel A Madhi, CEO of NPCC.
Madhi added that the two new contracts come under the scope of the long-term agreement (LTA) between Saudi Aramco and NPCC, signed in October 2016, to help with offshore oil and gas producing platforms and related facilities in the GCC. Saudi Aramco has signed a six year agreement with NPCC and other contactors.
Under the agreement, contractors will be responsible for delivering a number of offshore oil and gas producing platforms, tie-in platforms, pipelines, power cables, and all the related facilities, as required under the current Master Plan for Saudi Aramco's offshore fields.
Entering into such a strategic agreement with a global major, Saudi Aramco, is an endorsement of NPCC’s state-of-the-art expertise, Madhi said.
Madhi stated that carrying out these two new contracts will take 11 months and expressed his full confidence and trust in NPCC staff and their ability to deliver these projects on budget and schedule.
"NPCC team is qualified and well trained, with years of experience of delivering such projects with NOCs and IOCs," said Madhi.
Madhi also assured that NPCC will continue to pursue its strategy of increasing its market share of international Oil & Gas EPC market by exploring new growth opportunities.
GMT 14:10 2018 Monday ,22 October
Saudi energy minister speaks to TASS on OPEC+, oil pricesGMT 22:04 2017 Tuesday ,24 October
Aramco IPO still set for 2018: Saudi Oil MinisterGMT 16:38 2017 Sunday ,15 October
Saudi Aramco expands in India to tap rising demandMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor