Saudi Aramco awards BHGE integrated services contract for Marjan field
- First of three major offshore expansions in Saudi Arabia, Marjan is Saudi Aramco’s largest upstream development this year
- BHGE to provide drilling services, coiled tubing services and drilling fluids engineering services
Dhahran, Saudi Arabia: September 4, 2018: Saudi Aramco has awarded today the first large-scope integrated services contract for its Marjan oilfield – the first of three major offshore expansions in Saudi Arabia, and the company’s largest upstream development project this year – to Baker Hughes, a GE company (BHGE). Under the contract’s terms, BHGE will provide drilling services, coiled tubing services and drilling fluids engineering services in Marjan.
The work will start this month with an aim to increase the field’s capacity. BHGE’s provision of drilling services will include logging-while-drilling, reservoir navigation services, and rotary steerable services.
Mohammed Y. Al Qahtani, Senior Vice President of Upstream at Saudi Aramco, said: “The Marjan oilfield is one of the major upstream developments this year that will contribute to the Kingdom’s oil production strengths, helping maintain capacity and meet domestic and global demand. We are pleased to work with BHGE as a partner with proven offshore drilling strengths and technologies.”
Lorenzo Simonelli, Chairman and CEO of BHGE, said: “We are honored to win the integrated services contract from Saudi Aramco, which highlights our strong track-record in Saudi offshore operations. BHGE is a leader in providing offshore drilling, and we understand the requirements of our customers. With a significant number of wells, the Marjan expansion requires proven and efficient technology, matched by digital competencies that BHGE can deliver, which will make the operations seamless. All our solutions for Marjan are designed to achieve the best outcomes that meet Saudi Aramco’s goals.”
BHGE's localization footprint includes an assembly, maintenance & overhaul workshop, a drill bits manufacturing facility that exports to over 40 countries; a completions and well intervention facility; a pressure control facility that is the largest and most advanced by BHGE in the region with the manufacturing done entirely in the Kingdom; the Dhahran Technology Center that has over 15 R&D projects and has filed over 30 patents; an artificial lift facility that partners with 120 local suppliers; a turbomachinery processes and services facility; and one of the first and largest chemical blending plants in the Kingdom.
About Saudi Aramco
Saudi Aramco is a world leader in integrated energy and chemicals. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s crude oil supply to developing new energy technologies, our global team is dedicated to creating a positive impact in all that we do. We focus on making our resources more sustainable and more useful. This promotes long-term economic growth and prosperity around the world. Visit us at www.saudiaramco.com.
Aramco media inquiries: firstname.lastname@example.org
About Baker Hughes, a GE company:
Baker Hughes, a GE company (NYSE: BHGE) is the world’s first and only fullstream provider of integrated oilfield products, services and digital solutions. We deploy minds and machines to enhance customer productivity, safety and environmental stewardship, while minimizing costs and risks at every step of the energy value chain. With operations in over 120 countries, we infuse over a century of experience with the spirit of a startup – inventing smarter ways to bring energy to the world. Visit us at BHGE.com.
BHGE media inquiries:
Ulviyya Hasanzade Kelly Home | Nivine William
Communications Director, MENAT & India, BHGE ASDA’A Burson-Marsteller
+9714 8173760 +9714 4507 600
email@example.com firstname.lastname@example.org | email@example.com