Wood has secured a two-year extension to its in-Kingdom and out-of-Kingdom contracts with Saudi Aramco’s subsidiary, Aramco Overseas Company for its unconventional fuel program, extending awards initially secured in 2014.
Wood’s undertaking execution groups will proceed to work carefully with Saudi Aramco to develop modern engineering design and implementation methods to ship this system’s main goal to supply and ship vital volumes of fuel from shale and tight fuel reservoirs.
Unconventional fuel is essential to assembly the Kingdom of Saudi Arabia’s rising vitality wants, with cleaner burning pure fuel for home energy technology. Developing unconventional assets requires logistics that differ from these of ordinary standard fuel in addition to a bespoke technique to maximise effectivity and financial viability.
Dave Stewart, CEO of Wood’s Asset Solutions enterprise in Europe, Africa, Asia and Australia, feedback: “We are delighted to proceed our function as the primary engineering providers supplier on this program. Saudi Aramco is a strategically vital buyer within the area, and we look ahead to persevering with our shut partnership with them and furthering our dedication to constructing functionality in-Kingdom.”
“This extension demonstrates Saudi Aramco’s confidence in our groups in Al-Khobar, Saudi Arabia, and in our middle of excellence in Reading, UK, to ship protected, on-time and environment friendly options to satisfy and exceed necessities on this uniquely difficult undertaking.”
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