Saudi Aramco has awarded contracts worth $18 billion to increase its production capacity at two offshore oilfields in the Kingdom. The two oil fields according to the company include the Marjan and Berri oilfields which will increase output capacity by a combined 550,000 barrels a day.
In addition, it will boost capacity for natural gas output by 2.5 billion cubic feet a day and is also expected to keep Saudi Aramco’s maximum sustained capacity at 12 million barrels per day.
Meanwhile, the company awarded 34 contracts to 16 companies, half of which are Saudi companies for engineering, procurement and construction work of the Marjan and Berri increment programmes as the projects re expected to create several direct and indirect job opportunities for Saudi nationals, Offshore Technology reported.
Saudi Aramco, President and CEO, Amin Nasser said, “these two programmes will significantly enhance Saudi Aramco’s oil production and gas processing capabilities, both strengthening our position as the leading integrated energy supplier and meet growing long-term demand for petroleum.
He added that “these investments will support our continued focus on employing best-in-class technologies, well completion, and reservoir management practices. It will enable Saudi Aramco to further reduce the carbon intensity of our crude oils, supporting our strategy of reducing emissions while providing energy to those who need it”.
In the meantime, the Marjan increment programme is an integrated development project for oil, associated gas, non-associated gas and cap gas from the Marjan offshore field. It features a new offshore gas-oil separation plant, and 24 offshore oil, gas and water injection platforms.
On the other hand, the Berri increment programme is expected to add 250,000 barrels of Arabian Light Crude per day from the offshore oilfield. It also includes a new water injection facility, two drilling islands, 11 oil and water offshore platforms and nine onshore oil production as well as water supply drill sites.
Interestingly, after completion, the planned facilities will house a new gas-oil separation plant in Abu Ali Island to process 500,000 barrels of Arabian Light Crude Oil per day. Additional gas processing facilities at the Khursaniyah gas plant will process 40,000 barrels of associated hydrocarbon condensate.