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Saudi Aramco awards $18 billion contracts to increase Marjan & Berri oilfields production capacity

Saudi Aramco awards $18 billion contracts to increase Marjan & Berri oilfields production capacity Saudi Aramco awards $18 billion contracts to increase Marjan & Berri oilfields production capacity


Riyadh, July 10 - Neftegaz.RU. Saudi Aramco has awarded 34 contracts with a total value of $18 billion for the engineering, procurement and construction of the Marjan and Berri increment programs. The company plans to boost fields’ production capacity by 550,000 barrels per day of Arabian Crude Oil and 2.5 billion standard cubic feet a day (BSCFD) of gas.

“These 2 programs will significantly enhance Saudi Aramco’s oil production and gas processing capabilities,” said Amin Nasser, CEO of Saudi Aramco. “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.”

More than 90 companies and institutions were invited to bid on the packages, and 16 Saudi and international companies were chosen in the fields of engineering, supply and construction. Saudi companies make up 50 % of the awarded contracts and they are high- caliber firms that have proven their ability to handle complex projects.

Contractors working on these projects are required to maximize the procurement of material and equipment from local suppliers and manufacturers to help achieve Saudi Aramco’s In-Kingdom Total Value Add Program (IKTVA) goals, which aim to increase the company’s locally-sourced goods and services to 70 % by 2021.

The Marjan development program includes a new offshore gas oil separation plant, and 24 offshore oil, gas and water injection platforms.

The offshore oilfield development project aims to increase the Marjan Field production by 300 MBCD of Arabian Medium Crude Oil, process 2.5 BSCFD of gas, and produce an additional 360 MBCD of C2+NGL.

Through the Berri increment program, the company plans to add 250,000 barrels of Arabian Light Crude per day from the offshore oilfield.

The planned facilities will, upon completion, include 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 includes a new water injection facility, 2 drilling islands, 11 oil and water offshore platforms and 9 onshore oil production and water supply drill sites.