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.