McDermott International will construct and install 12 jackets for offshore oil and gas fields in Saudi Arabian waters.
Saudi Aramco has awarded McDermott International a large brownfield contract for the engineering, procurement, construction and installation (EPCI) of 12 jackets for offshore oil and gas fields in Saudi Arabian waters.
The contract expects work to be completed by the end of the first quarter of 2016 and McDermott has indicated that the contract will be included in its second quarter 2015 backlog.
This is the second contact McDermott has received in 2015 from Saudi Aramco and represents work scope bid under an existing long-term agreement.
“The project called for an extremely responsive bid phase and for fast-track execution,” said Tom Mackie, McDermott’s vice president, Middle East.
“Our ability to provide schedule certainty - through the provision of integrated EPCI services combined with the right technical solution to meet the challenging time constraints - was key to winning the project,” he added.
Engineering and procurement is expected to be undertaken by McDermott’s teams in Dubai, UAE, and Al Khobar, Saudi Arabia. The jackets are scheduled for fabrication by McDermott’s Dubai, UAE-based fabrication facility.
McDermott will deploy vessels from its global fleet to undertake the installation work.