McDermott International said on Wednesday that it has won an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco.
Houston-based McDermott won the EPCI contract for four jackets and three gas observation platforms that will be located in offshore Saudi Arabia.
The total weight of all the combined structures will be 11,595 tons.
“As the third fast-track jacket contract from Saudi Aramco in the last 18 months, this award is a testament to McDermott’s successful performance on previous fast-track projects for Saudi Aramco,” McDermott vice president for the Middle East and Caspian Linh Austin said.
The contract award will be reflected in McDermott’s fourth quarter 2016 backlog.
Work on the contract is expected to be executed through the fourth quarter of 2017.
McDermott said it plans to use its engineering teams in Dubai, Chennai, India and Al Khobar, Saudi Arabia for the contract.
Construction is expected to take place at McDermott’s fabrication facilities in Dubai and Dammam, Saudi Arabia.
Vessels from McDermott’s global fleet are scheduled to perform the installation work.
The contract marks the third fast-track project Saudi Aramco has awarded McDermott in past 18 months.
McDermott was awarded a project by Saudi Aramco for the EPCI of twelve jackets in 2015.
That project was successfully completed in 2016.
McDermott is currently executing EPCI work for Saudi Aramco on nine jackets to be used in offshore Saudi Arabia.
The nine jackets are expected to be delivered in the third quarter of 2017, McDermott said.
“McDermott’s fully-integrated EPCI solution provides Saudi Aramco schedule certainty, one of their key drivers, while helping them meet their aggressive schedule,” Austin added.