Saudi Aramco Signs Offshore Manifa Contract with J. Ray McDermott

Saudi Aramco signed a lump-sum turn-key contract with J. Ray McDermott for the engineering, procurement, fabrication, transportation, installation and hookup of offshore platforms for the 900,000 bpd Manifa oilfield development project. The signing, held at Saudi Aramco headquarters here, was attended by Saudi Aramco Vice President of Project Management Ali A. Al-Ajmi and J. Ray McDermott Director Dr. Hafez Aghili.

"This contract represents a critical phase of the massive Manifa increment," said Al-Ajmi. "We have had a long relationship with J. Ray McDermott, and we look forward to working closely together as we continue making our contribution to the Kingdom's development, and supplying the world with the energy needed to raise the global standard of living and enhance economic growth for local and international communities."

The Manifa offshore facilities consist of 13 new platforms and modifications to 26 existing offshore observation well platforms. The new facilities support the structures required for the six oil production deck modules that are designed to accommodate equipment required for the electric submersible pumps and seven new water injection platforms.

In response to a comment by Al-Ajmi that the rest of the world keeps a close watch on Saudi Aramco projects, Aghili said that, "Saudi Aramco can rest assured of our absolute commitment to delivering on time, together with the quality standards expected by a company of your stature."

The Manifa project completion is slated for mid-year, 2011.

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