PROCUREMENT NEWS

Saudi Arabia : MCDERMOTT enters into EPCI pact with SAUDI ARAMCO

Published 10 Jul 2015

McDermott International Inc. has been selected by Saudi Aramco for future brownfield work in various fields in offshore Saudi Arabia.

On June 10, the long-term agreement (LTA) was signed on June 10 at Saudi Aramco headquarters in Saudi Arabia. It develops the terms and conditions by which McDermott can bid on future engineering, procurement, construction and installation (EPCI) opportunities in various fields in offshore Saudi Arabia.

At present, McDermott executes work under an existing LTA with Saudi Aramco, which has been in place since June 28, 2007.

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