Saudi Aramco, McDermott Sign MoU for Use of SAFIRA Yard

Wednesday, September 15, 2021

Saudi Arabia's national oil company Saudi Aramco has signed a memorandum of understanding with energy industry construction and installation firm McDermott to explore the use of McDermott's SAFIRA fabrication yard for construction services for Saudi Aramco's upstream and downstream projects.

McDermott's SAFIRA fabrication yard is being developed within Saudi Aramco's King Salman International Complex for Maritime Industries and Services in Ras Al-Khair. Once fully functional, the yard will have the capability to fabricate and assemble offshore platforms and jackets, subsea pipelines, and onshore modules.

Under the MoU announced Tuesday, the parties will explore onshore modular construction in the SAFIRA fabrication yard. The MoU signing took place during the Industrial Investment Event in Dhahran, Saudi Arabia.

"McDermott is one of the premier module fabricators in the industry," said Samik Mukherjee, McDermott's Executive Vice President and Chief Operating Officer. "It is a key competency we offer in our delivery of integrated, at-scale solutions for our customers—driving certainty on cost and schedule throughout project execution. It also elevates safety and quality, while reducing the footprint at site as work done at our fabrication facilities takes place in a controlled environment."

The partnership will identify ways to collaborate on the plant modularization concept, helping Saudi Aramco determine the extent of modularization opportunities within its upstream and downstream onshore projects portfolio.

"This agreement demonstrates Saudi Aramco's confidence in McDermott as a trusted partner and is an opportunity for both companies to exchange knowledge," said Tareq Kawash, McDermott Senior Vice President, Europe, Middle East and Africa. "It enhances our close relationship and reinforces our commitment to growing our capabilities in-Kingdom."

McDermott started construction of the SAFIRA fabrication in February 2020. 

The overall site which is being developed by Saudi Aramco is expected to be the largest maritime industries complex in the Kingdom and the Middle East region in terms of production, capacity, and scale.

Within the giant complex, McDermott is building a facility spanning 1.2 million square meters that will include offices, pre-fabrication shops, blasting and painting shops and large assembly shops capable of fabricating platforms and modules for both offshore and onshore projects for Saudi Aramco and other customers in the region.

The facility will incorporate up to 80,000 square meters of covered shops to house the latest automation technology and will also include a 580-meter reinforced bulkhead providing marine access.


Categories: Energy Middle East Coastal/Inland Engineering Industry News Activity

Related Stories

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

BP Sets Eyes on India’s Oil and Gas Opportunities

Shelf Drilling Finalizes Baltic Rig Sale

PTTEP Sells Its Entire Stake in Deepwater Block Offshore Mexico to Repsol

SBM Offshore’s FPSO for ExxonMobil’s Guyana Oil Project Takes Final Shape (Video)

TotalEnergies Extends LNG Supply Agreement with CNOOC Until 2034

CNOOC Maintains Steady Oil Production as Bebinca Typhoon Crosses East China Sea

Saipem Nets $4B for Work at Qatar’s Giant Gas Field

Korea's Hanhwa Sets Out Plan for Full Takeover of Singapore's Dyna-Mac

Allseas Hooks $180M Pipeline Installation Job Offshore Philippines

Current News

Offshore Service Vessels: What’s in Store in 2025

ABS Approves Hanwha Ocean’s FPSO Design

AI & Offshore Energy: The Higher the Stakes, the More Value AI Creates

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Transocean’s Drillship to Stay in India Under New $111M Deal

INEOS Picks Up CNOOC’s US Assets in $2B Deal

Sunda Energy, Timor-Leste Gov Plan Accelerated Chuditch Gas Development

RINA to Conduct Pre-FEED Study for Petronas’ CCS Project in Malaysia

TotalEnergies Wraps Up Acquisition of SapuraOMV’s Gas Assets

Kuwaiti Oil and Gas Firm Exploring More Opportunities in Indonesia's Natuna Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com