Aramco Awards $18 billion Contracts to Raise Oilfields Production

Aramco Awards $18 billion Contracts to Raise Oilfields Production

Saudi Aramco has awarded 34 contracts with a total value of $18 billion for the engineering, procurement, and construction of the Marjan and Berri increment programs, according to a company statement.

The aim is to increase Marjan and Berri oilfields’ production capacity by 550,000 barrels per day (b/d) of Arabian Crude Oil and 2.5 billion standard cubic feet per day (bscf/d) of gas.

“These two programs will significantly enhance Saudi Aramco’s oil production and gas processing capabilities, both strengthening our position as the leading integrated energy supplier and meeting growing long-term demand for petroleum,” President and CEO of Saudi Aramco, Amin Nasser said.

The Marjan increment program is expected to include a new offshore gas oil separation plant, and 24 offshore oil, gas and water injection platforms, as well as expanding Tanajib onshore oil facilities and construct a new gas plant. A cogeneration facility will be developed, in addition to a water desalination facility and new transfer pipelines.

On the other hand, the Berri Increment Program consists a new gas oil separation plant in Abu Ali Island, additional gas processing facilities at the Khursaniyah gas plant, a new water injection facility, two drilling islands, 11 oil and water offshore platforms and 9 onshore oil production and water supply drill sites.

“These investments will enable Saudi Aramco to further reduce the carbon intensity of our crude oils, supporting our strategy of reducing emissions while providing energy to those who need it,” Nasser added.


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