Entrance runners have emerged for 11 engineering, procurement, building and set up contracts for Saudi Aramco’s offshore initiatives, collectively price as much as $3 billion.
The EPCI contracts have been tendered final 12 months for the continued growth of a number of offshore fields in Saudi Arabia and Upstream just lately reported that Aramco is nearing determination section.
The so-called contract launch and buy orders (CRPOs) are awarded beneath the framework of Aramco’s long run settlement (LTA) programme to which 10 main worldwide contracting giants are certified.