McDermott earns big Saudi Aramco contract

McDermott earns big Saudi Aramco contract

Houston-based oilfield services company McDermott International on Wednesday said it had been awarded a major contract by Saudi Aramco.

The deal is for engineering, procurement, construction and installation work on 13 jackets in four fields – Zuluf, Marjan, Berri and Abu Safah – offshore Saudi Arabia.

Its value has not been disclosed but lies somewhere between $50 million and $250 million.

Since 2001 McDermott has built and installed over 121 jackets for Saudi Aramco.

McDermott and Dhahran-based Aramco have a long history of cooperation and last May they signed a memorandum of understanding when US President Donald Trump made a state visit to Saudi.

The MOU committed McDermott to helping Aramco develop its physical and human capital.

Donal Scully

With 28 years experience writing and editing for newspapers in the UK and Hong Kong, Donal is now based in California from where he covers the Americas for Splash as well as ensuring the site is loaded through the Western Hemisphere timezone.

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