Angelo Vertti, 18 de setembro de 2022

If you continue using our website, we'll assume that you are happy to receive all cookies on this website. www.offshore-mag.com is using a security service for protection against online attacks. This package is also understood to be worth $500m. MEED MEDIA FZ LLC Company number 18693 (Dubai Creative Clusters Authority) Registered address: GBS building, 6th Floor, Al Falak Street, Dubai Media City, PO Box 25960, Dubai, UAE. Published by ITP Media Group. Private equity deal activity in the oil & gas industry increased by 11% in Q1 2023, Whos acquiring who? Every year, hundreds of new wells need to be drilled to maintain operations in shallow-water fields. Bids for package 3 of the offshore project, related to the provision of water injection facilities and works, were submitted in July last year. Image courtesy of McDermott. Contractors Introduce your company to projects looking for Contractors ; . Social Responsibility hiring activity increased by 6% in the oil & gas industry in Q1 2023, Whos investing where? Upstream is part of DN Media Group. Published by ITP Media Group. MEED is trying to ascertain the status of package 3, and whether the contract has been awarded or not. American contracting heavyweight McDermott has won two engineering, procurement, construction, and installation (EPCI) contracts with a combined value of $4.5bn (SAR16.8bn) from oil and gas giant Saudi Aramco for Packages 1 and 4 of its Marjan Increment Development, a megaproject locatedin the Arabian Gulf, off Saudi Arabias East Coast, thatwill increase production from 500,000 barrels per day of oilto 800,000 bpd. The contract includes the fabrication of three tie-in platforms and seven wellhead platforms with a total weight of 55,700 t. McDermotts scope includes the installation of subsea trunk lines and in-field pipelines in excess of 540km, and the laying of more than 90km of subsea cables. The agreements are part of Aramcos plans to increase production capacity of the two fields by 550,000 B/D of crude oil and 2.5 billion Bscf/D of natural gas. More than 90 entities were invited to bid on the packages. "Our locally focused and globally-integrated approach we refer to as the One McDermott Way, is integral to our ability to provide effective, innovative solutions for our clients.". Operating in over 54 countries, McDermott's locally focused and globally-integrated resources include approximately 32,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. The offshore work packages are valued at $5bn, while the onshore packages are estimated to be worth up to $7bn. Schedule a Demo Work on a fourth package covers the building and commissioning of GOSP 2. This process is automatic. A cogeneration facility will be developed, in addition to a water desalination facility and new transfer pipelines. Separately, McDermott won a $1.5B contract for "Marjan Package 4.". All Rights Reserved. Saudi Aramco prequalifies six EPC bidders for $6bn Berri oilfield. The complete list of Top 25 EPC contractors in the Middle East can be found at: In accordance with the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, McDermott cautions that statements in this press release which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties that may impact McDermott's actual results of operations. Saudi Arabian state-owned oil giant and the worlds largest oil company, Saudi Aramco, has awarded 34 contracts worth $18bn (SAR67.5bn) for the engineering, procurement, and construction (EPC) requirements of its Marjan and Berri oil field incrememnt programmes, which will create thousands of jobs in Saudi Arabia and see production capacity rased by 550,000 barrels per day (bpd) of Arabian Crude Oil and 2.5 billion standard cubic feet a day (BSCFD) of gas, with 50% of the deals awarded to home-grown companies as part of Aramcos In-Kingtom Total Value Add (Iktva) programme to boost localisation. The Berri project will add 250,000 B/D of Arabian Light crude from the offshore field. The scope also includes the installation of subsea trunk lines and in-field pipelines in excess of 330 miles (540 kilometers), and the laying of more than 55 miles (90 kilometers) of subsea cables. Due to this change if you are seeing this message for the first time please make sure you reset your password using the Forgot your password Link. This package forms a part of an overall Marjan Offshore Oilfield & Onshore Facility Expansion . Published by ITP Media Group. Get the specifications, detailed timeline, updated status and full list of participants for 34,000+ projects including this one with our Construction Intelligence. Projects and Tenders Saudi Aramco awards $18bn EPC contracts for Marjan, Berri oil fields 50% of the 34 contracts awarded for increment programmes at Marjan and Berri have gone to 'high-caliber' Saudi Arabian firms by Staff Writer July 10, 2019 The project aims to boost production from the Marjan field production by 300MBCD of Arabian Medium Crude Oil and process 2.5BSCFD of gas. The Marjan oil and gas field is currently undergoing expansion under the Marjan Crude Increment Programme, announced in 2017. The service requires full JavaScript support in order to view this website. Saudi Aramco has awarded 34 contracts worth a combined $18 billion for engineering, procurement, and construction work on the Marjan and Berri fields offshore Saudi Arabia. Also planned for development are 91cm oil export truck lines spanning 70km, and more than 90km of 230kV composite subsea cables. Saipem wins $1.3bn Berri and Marjan contracts from Saudi Aramco, Saudi Aramco awards BHGE integrated services contract for Marjan offshore oilfield, Saudi Aramco launches tender for $15-billion Marjan offshore oilfield development project. The new GOSP will be designed to handle up to 475,000bpd of oil and 750Mscfd of gas. Saipem was awarded the EPCI contract for the new gas treatment and sulphur recovery units at the Tanajib onshore processing facility in July 2019. A deadline of 13 January, 2019 was given to the contractors. Products & Services Saudi Aramco awards two Marjan EPCI contracts worth up to $1bn to McDermott McDermott noted the combined value of the contracts is between $550mn to $1bn by Staff Writer February 26, 2019 This includes other offshore contractors as well as the five existing LTA contractors listed below: Aramco recently added four groups of contractors to its coveted LTA pool a consortium of Lamprell (UAE/UK)/Royal Boskalis Westminster (Netherlands); Sapura (Malaysia); a consortium of TechnipFMC (France)/MMHE (Malaysia); and China Offshore Oil Engineering Company (China). The plant is located at Tanjib, 260 kilometers north of Dhahran. click here. Further, in 1994, production from the Marjan field was increased to 600,000bpd of oil and 675Mfcd of gas, by bringing on-stream two more offshore GOSPs (Marjan GOSP-2 and GOSP-3). Copyright 2023. WorleyParsons, a provider of professional project and asset services, received the front-end engineering and design (FEED) services contract for the project in July 2017. With a production capacity of 100,000bpd of oil and 175 million standard cubic feet a day (Mscfd) of gas, the Marjan GOSP-1 was installed in 1973. DN Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors. It is understood that the Marjan crude increment programme comprises five offshore packages with an estimated combined value of $2.65bn. EPC works on package 4 pertain to provision of offshore gas facilities to process a total of about 1.26 billion cubic feet a day (cf/d) of gas from the Marjan field, with the bulk of the associated gas coming from GOSP 4. The contract includes new tie-in platforms, production deck manifolds, 217km of fixed pipelines, 145km of power cables and a fibre optic cable installed at water depths of 45m to 52m. Latest Construction News | Construction Week Online, Home Projects and Tenders McDermott wins Saudi Aramcos $4.5bn Marjan EPCI contracts, American contractor to work with Chinas COOEC on Package 1 and independently on Package 4 of Saudi Arabian megaproject. Itlalian contracting giant Saipem has secured a significant EPCI contract fromAramcofor phase 3 expansion of the Marjan gas field, according to a report byDMS projects. Front-end engineering and design (FEED) studies were started in 2017, while multiple developmental work packages for the expansion project were awarded in 2018 and 2019. Home Products & Services Saudi Aramco awards two Marjan EPCI contracts worth up to $1bn to McDermott, McDermott noted the combined value of the contracts is between $550mn to $1bn. 9.67bn ($12bn) Owner and Operator : Saudi Aramco Commissioning : 2022 Key Contractors : McDermott, COOEC, Baker Hughes, WorleyParsons, Wood Group, Saipem, L&T, Sinopec, Jan De Nul Group Marjan is one of the oldest and biggest offshore oil and gas fields in the Arabian Gulf, Saudi Arabia. The contract includes the fabrication of three tie-in platforms and seven wellhead platforms with a total weight of more than 61,400 tons (55,700 metric tons). Aramco said the Saudi Arabian construction companies it had picked for the projects were high-caliber firms that have proven their ability to handle complex projects. Read more about DN Media Group here. Investor RelationsScott LambVice President, Investor Relations+1 8325131068Scott.Lamb@McDermott.com, Global Media RelationsGentry BrannSenior Senior Vice President, Communications, Marketing and Administration+1 281 870 5269Gentry.Brann@McDermott.com, Local Media Relations Barbara KnightSenior Director, Area Communications and MarketingMiddle East and North Africa (MENA)+971 (0)4 804 3990BBknight@McDermott.com, View original content to download multimedia:http://www.prnewswire.com/news-releases/mcdermott-awarded-epci-mega-project-by-saudi-aramco-for-marjan-package-4-300882439.html. State-owned China Offshore Oil Engineering Company (COOEC) has made a formal request to Saudi Aramco to withdraw involvement in the estimated $15bn-plus Marjan offshore field development scheme, according to sources. Many of the gulf fields are mature and likely to require extensive rehabilitation over the next decade to maintain production. Saudi Aramco awards EPC contracts for Berri and Marjan. Sinopec Engineering, a subsidiary of Sinopec Group, won the contract for two pipeline projects for the Marjan increment programme in July 2019. Fabrication will take place at McDermotts Batam, Jebel Ali, and Dammam yards. We use cookies in a variety of ways to improve your experience, such as keeping NHST websites reliable and secure, personalising content and ads and to analyse how our sites are being used. Marjan offshore package 1 relates to the commissioning of a new gas oil separation plant (GOSP 4) and installing crude export pipelines. The first EPCI contract, awarded in February 2021, included two offshore production deck modules, pipeline and subsea cables. The onshore control centre at Tanajib also controls the operations at the Marjan oilfield. Proceed to our online shop below to find out more about the features in each package. Crude production from Marjan started after the offshore installation of a gas and oil separation plant (Marjan GOSP-1) in 1973. The offshore GOSP was, however, suspended in the 1980s and oil from the Marjan wells was piped at reduced volumes for processing onshore. The company noted that work on both contracts would begin immediately, and the contract awards would be reflected in its Q1 2019 backlog. Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA regions best source of business information. The estimated investment for the Marjan increment project is 9.67bn ($12bn). Commenting on the contracts, Saudi Aramcos president and chief executive officer, Amin H Nasser, said:These two programs will significantly enhance Saudi Aramcos oil production and gas processing capabilities, both strengthening our position as the leading integrated energy supplier and meeting growing long-term demand for petroleum.

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