Saudi Aramco has signed oil and gas agreements with five contractors in deals worth nearly $4.5 billion. Recipients of the contracts are Técnicas Reunidas, Jacobs Engineering, Saipem, National Petroleum Construction Company, China Petroleum Pipeline, and McDermott Middle East. The agreements cover a wide scope of projects, including programs for gas compression, gas plant expansion, engineering, procurement, and construction (EPC), pipeline construction, and engineering and project management. Chief Executive Officer at Saudi Aramco, Mr. Amin Nasser, commented that the agreements are a part of the company’s efforts towards introducing new supplies of clean-burning natural gas.
You also might be interested in
Raytheon Technologies was awarded a $2.27 billion contract to supply[...]
In alignment with Vision 2030 objectives, Saudi Arabia pushes to localize specialized labor in the[...]
Organized by Saudi Arabian Military Industries (SAMI) in collaboration with the U.S.-Saudi Arabian Business Council, the Defense Technology and Security Conference concluded its sessions with the participation of more than a dozen high-profile speakers and over 100 industry leaders, advisors, regulators, and influencers who came to discuss and learn more about Saudi Arabia’s vision and strategic outlook in developing its defense industry with a special focus on technology and security as the two main components of the program.