Saudi Aramco Awards US$18 Billion In Contracts


34 Pacts for Marjan, Berri Incremental Programs

Oil major Saudi Aramco has awarded multiple contracts for the development of Saudi Arabia’s offshore oilfields, with a view to increasing production capacity at the Marjan and Berri fields.

The state-owned oil giant awarded 34 contracts, valued collectively at US$18 billion, for the engineering, procurement and construction of the Marjan and Berri increment programs. Across these projects, the firm plans to increase production capacity by 550,000 barrels per day of Arabian crude oil and 2.5 billion standard cubic feet a day of gas.

“These investments will support our continued focus on employing best-in-class technologies, well completion, and reservoir management practices. It will enable Saudi Aramco to further reduce the carbon intensity of our crude oils, supporting our strategy of reducing emissions while providing energy to those who need it,” said Amin H. Nasser, president and CEO of Saudi Aramco.


Saudization

More than 90 companies and institutions were invited to bid on the incremental programs at Marjan and Berri, with 16 Saudi and international companies finally chosen.

“These two programs will significantly enhance Saudi Aramco’s oil production and gas processing capabilities, both strengthening our position as the leading integrated energy supplier and meeting growing long-term demand for petroleum,” Nasser said.

The winning bids were 50 percent composed of Saudi companies as part of Aramco’s pledge to support indigenous talent and investment. One of the largest oil firms in the world, Saudi Aramco has doubled down on domestic investment under the Kingdom’s 2030 Vision program. This is tied to plans for a three-phase energy and indsutrialization hub at Salman Energy Par, developed in parallel with construction at the Marjan offshore field, acting as a locus for breakbulk activity and manufacturing.


Incremental Programs

The Marjan increment program will include a new offshore gas oil separation plant, and 24 offshore oil, gas and water injection platforms. Aramco also plans to expand its Tanajib onshore oil facilities and construct a new gas plant, to include gas treatment and processing, NGL recovery and fractionation, and gas compression facilities. A cogeneration facility will be developed, in addition to a water desalination facility and new transfer pipelines.

The Berri increment program meanwhile will involve completion of a new gas oil separation plant in Abu Ali Island to process 500,000 barrels of Arabian light crude oil per day, and additional gas processing facilities at the Khursaniyah gas plant to process 40,000 barrels of associated hydrocarbon condensate. The program will also include a new water injection facility, two drilling islands, 11 oil and water offshore platforms and nine onshore oil production and water supply drill sites.
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