Saudi Aramco has awarded the first large-scope integrated services contract for its Marjan oil field to Baker Hughes, a GE company (NYSE: BHGE), the company said on Sept. 4.
It is the first of three major offshore expansions in Saudi Arabia and the company’s largest upstream development project this year.
Under the contract’s terms, BHGE will provide drilling services, coiled tubing services and drilling fluids engineering services in Marjan.
“The Marjan oil field is one of the major upstream developments this year that will contribute to the Kingdom’s oil production strengths, helping maintain capacity and meet domestic and global demand,” Mohammed Y. Al Qahtani, senior vice president of Upstream at Saudi Aramco, said.
Under the contract, BHGE will commence work this month with an aim to increase the field’s capacity. BHGE’s provision of drilling services will include logging-while-drilling, reservoir navigation services, and rotary steerable services.
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