Saudi Aramco gave two contracts of engineering, procurement, construction and installation (EPCI) services in the Saudi offshore Marjan field as an award to McDermott International, Pipeline Oil and Gas Magazine reported.
“This award demonstrates the strong market appeal of our value-driven and highly integrated offering of products and services,” said Linh Austin, McDermott’s Senior Vice President, Middle East and North Africa.
The first contract is worth around $500-700 million and includes the design, procurement, fabrication, installation, testing, and pre-commissioning of the TP-10 tie-in platform, six gas lift topside modules, associated pipeline and subsea cables.
The other contract is valued between $50-250 million and includes the full suite of EPCI services for the upgrade of two existing platforms related to the installation of associated equipment for electrical submersible pumps (ESPs) and space for a future high integrity pressure protection system (HIPPS), subsea composite cable lay, and topside cable tie-ins.
McDermott’s Jebel Ali yard in Dubai and Dammam yard in Saudi Arabia will execute the project’s fabrication work. Meanwhile, the engineering work will be executed from both Dubai and the Al Khobar office in Saudi Arabia in line with McDermott’s strategic focus to strengthen in-Kingdom content.
The work on the project will begin immediately and the contract award will be reflected in McDermott’s Q1 2019 backlog.