Saudi Aramco orders 13 jackets from McDermott
- Business & Finance
McDermott International has been awarded a large contract from Saudi Aramco for the engineering, procurement, construction and installation of 13 jackets in the Zuluf, Marjan, Berri and Abu Safah fields, offshore Saudi Arabia.
McDermott defines a large contract as between $50 million and $250 million.
This is the fourth fast-track project to be awarded to McDermott by Saudi Aramco in the last 24 months. The combined total weight of the structures is approximately 26,455 short tons (24,000 metric tons), McDermott noted in a statement on Wednesday.
For this latest contract award, McDermott said it plans to use its engineering teams in Dubai and Chennai with construction taking place at McDermott’s facilities in Jebel Ali, Dubai and Dammam, Saudi Arabia. Vessels from McDermott’s global fleet are scheduled to undertake the installation and completions work.
Linh Austin, McDermott Vice President, Middle East and Caspian, said: “Since 2001, McDermott has built and installed over 121 jackets for Saudi Aramco with a total weight of over 220,462 tons (200,000 metric tons). Not only is McDermott able to meet the schedules of fast-track projects, but we consistently deliver them with outstanding safety performance.”
The contract award will be reflected in McDermott’s first quarter 2018 backlog and work is expected to be carried out through the second half of 2018.