Baker Hughes wins oil field development contract from Aramco

Riyadh – Mubasher: State-run Saudi Aramco on Tuesday announced awarding an integrated services contract to Baker Hughes, a subsidiary of US conglomerate General Electric (BHGE), to provide drilling, coiled tubing, and drilling fluids engineering services in Marjan Island oil field.

“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,” Aramco’s senior vice president of Upstream Mohammed Y. Al Qahtani said.

Under the deal, expansion of Marjan Island oil field will start during September, the world's largest oil producer noted, giving no further details on the value of the contract. 

The new contract from Aramco highlighted BHGE's robust performance track-record in Saudi offshore operations, BHGE's president, CEO and chairman commented.
“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,” he added.


Mubasher Contribution Time: 04-Sep-2018 11:07 (GMT)
Mubasher Last Update Time: 04-Sep-2018 11:20 (GMT)