Aramco Awards NPCC LTA Offshore Agreement
Saudi Arabia Aramco’s Offshore Projects Department has awarded a fifth Long-Term Agreement (LTA) to National Petroleum Construction Company (NPCC) of Abu Dhabi, United Arab Emirate.
In June 2015, Aramco awarded the previous four LTAs to sundry engineering, procurement, fabrication, and offshore installation contractors.
Under the agreements, contractors were mandated to deliver large numbers of offshore oil and gas producing platforms, tie-in platforms, pipelines, power cables, and all related facilities that Aramco requires under its current Master Plan for fields offshore of Saudi Arabia.
The LTAs run for six years with a further option of extension up to 12 years. Ahmad Al Saadi, senior vice president of Saudi Aramco’s Technical Services, said: “This fifth strategic LTA is needed for the successful execution of the complex and extensive offshore projects to be completed in the offshore oil and gas fields…all within an aggressive schedule.”
He emphasized the importance of local procurement, working with local companies and contractors, and employing Saudis as stipulated in Aramco’s In-Kingdom Total Value Add program
NPCC, established in 1973, provides EPC services for offshore projects and providing engineering, procurement, project management, fabrication, installation and commissioning.