McDermott Secures Ras Al-Khair Contract
Energy services contractor McDermott International has been awarded a contract for supply and installation of storage tanks in Saudi Arabia.
Work will include engineering, procurement and construction for several CB&I storage tanks at the Ma'aden Ammonia Plant in Ras Al-Khair. The contract was awarded by developer Daelim Saudi Arabia Co.
"CB&I Storage Tanks' unparalleled technical competency combined with our extensive experience in Saudi Arabia uniquely positions us to deliver this project. CB&I Storage Tanks consistently deliver innovative storage solutions for clients such as Daelim," said Linh Austin, senior vice president at McDermott.
Delivery of Breakbulk Ammonia Tanks
In total, McDermott will oversee fabrication of four ammonia tanks and nine CB&I storage tanks. Work on the project will predominantly be executed from Saudi Arabia utilizing McDermott's local capabilities and facilities.
“Work on the contract is expected to begin immediately and will be reflected in McDermott's fourth quarter 2018 backlog,” a spokesperson said.
Headquartered in Texas, McDermott is one of the largest integrated onshore-offshore EPC companies in the world and took over Chicago Bridge & Iron, or CB&I, in a US$6 billion merger last year.
Kwinana Terminal EPC
This month, McDermott also said it secured a separate EPC contract for 11 fuel tanks for Puma Energy's Kwinana Fuel Import Terminal in Australia.
"McDermott has more than 75 years of experience in delivering world-class storage solutions in Australia. The storage business in the region is strong and will continue to grow as we win new awards like this and help our customers develop the region's energy infrastructure,” said Ian Prescott, senior vice president at McDermott.
Onsite work is scheduled to commence in the first quarter of 2019 with completion scheduled for the third quarter of 2020.
Photo: Ras Al-Khair complex. Credit: Wikimedia