Aramco awards deals to Lamprell, Boskalis, COOEC

Saudi Arabia

RIYADH, November 26, 2018 – Saudi Aramco has awarded UAE-based Lamprell, Dutch company Boskalis and China’s Offshore Oil Engineering Company contracts under its long-term agreement (LTA) programme, international media reported on Monday.

Aramco’s LTA scheme is an approval programme in which selected companies – fewer than 10 to date – are recognised with long-term contracts with the NOC.

Lamprell and Boskalis together secured a joint LTA that will last for six years and carry a three-year extension, Upstream Online reported. Offshore Oil Engineering Company separately confirmed to Upstream its award of an LTA contract but the terms were not made public.

Existing LTA contractors include a partnership of McDermott International and US company Dynamic Industries; Italy’s Saipem; a partnership of Larsen & Toubro and Subsea 7; and Abu Dhabi’s National Petroleum Construction Company.

Companies reported to be on track to joining the list include Sapura Energy, TechnipFMC and Malaysia Marine & Heavy Engineering.

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