Wood Group wins six-year deal with Saudi Aramco
- Business & Finance
Wood Group has been awarded an offshore maintain potential programme contract by Saudi Aramco for greenfield and brownfield engineering services, procurement, and construction management support for new facilities in the Arabian Gulf.
The six-year contract, which includes options for two three-year renewals, includes the establishment of an offshore engineering centre of excellence in Al Khobar, Saudi Arabia, the company said in the press release.
Work will be performed by Wood Group Mustang in the US. In-kingdom work scope will be executed by Saudi Arabian joint venture, Mustang-HDP, and is expected to employ up to 300 people.
Wood Group Mustang CEO, Michele McNichol, stated: “We look forward to helping Saudi Aramco to implement its offshore production strategies and to developing the Al Khobar centre of excellence. The centre will help to establish offshore engineering capabilities in Saudi Arabia by transferring Wood Group Mustang’s record-setting experience, strong technical and project management resources, and flexible, innovative approach.”
Mustang-HDP has been providing engineering services to Saudi Aramco under a general engineering services (GES+) contract since 2011. That contract established a long-term framework for the supply of engineering, procurement and construction management services to support the execution of onshore and offshore oil & gas projects within the Kingdom of Saudi Arabia.