Saudi Aramco awards offshore development deal to NPCC

Saudi Aramco awards offshore development deal to NPCC

Saudi Aramco has announced that its offshore projects department recently awarded a fifth long-term agreement to National Petroleum Construction Company (NPCC) of Abu Dhabi for the execution of its offshore development program.

The company awarded four long-term agreements to a number of EPIC contractors in June.

Under the agreements, contractors will be responsible to deliver a number of offshore oil and gas producing platforms, tie-in platforms, pipelines, power cables, and all the related facilities required under the current master plan for Saudi Aramco’s offshore fields.

The contracts have a fixed duration of six years with options to be extended for up to twelve years in total.

“This fifth strategic agreement is needed for the successful execution of the complex and extensive offshore projects to be completed in the offshore Oil & Gas fields in the Arabian Gulf — all within an aggressive schedule,” said Ahmad Al Saadi, senior vice president of Saudi Aramco’s Technical Services.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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1 Comment

  1. Avatar
    Arman
    October 15, 2016 at 11:53 am

    Where is arabian gulf? Do u mean persian gulf? Ah, ok.