21-01-2020
Wood cements position as strategic partner to Saudi Aramco
Wood has secured a two-year extension to its in-Kingdom and out-of Kingdom contracts with Saudi Aramco’s subsidiary, Aramco Overseas Company B.V. (AOC) for its unconventional gas programme, extending awards originally secured in 2014.
Wood’s project execution teams will continue to work closely with Saudi Aramco to develop innovative engineering design and implementation strategies to deliver the programme’s primary objective to produce and deliver significant volumes of gas from shale and tight gas reservoirs.
Unconventional gas is key to meeting the Kingdom of Saudi Arabia’s growing energy needs, with cleaner burning natural gas for domestic power generation. Developing unconventional resources requires logistics that differ from those of standard conventional gas as well as a bespoke strategy to maximise efficiency and economic viability.
Dave Stewart, CEO of Wood’s Asset Solutions business in Europe, Africa, Asia and Australia, comments: “We are delighted to continue our role as the main engineering services provider on this programme. Saudi Aramco is a strategically important customer in the region, and we look forward to continuing our close partnership with them and furthering our commitment to building capability in-Kingdom.”
“This extension demonstrates Saudi Aramco’s confidence in our teams in Al-Khobar, Saudi Arabia, and in our centre of excellence in Reading, UK, to deliver safe, on-time and efficient solutions to meet and exceed requirements on this uniquely challenging project.”
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Audubon launches vapor recovery & reuse system for EPA compliance
Audubon Engineering Company, a leading provider of engineering, procurement, construction, fabrication, and technical services, introduced its patented Vapor Upcycle ...
26-03-2024
-
Koch Modular to expand state-of-the-art pilot plant in Houston
Koch Modular Process Systems, a market-leading provider of engineered and fabricated modular mass transfer systems for the chemical processing industry, announces the ...
26-03-2024
-
TotalEnergies and SINOPEC to produce sustainable jet fuel
TotalEnergies and China Petroleum and Chemical Corporation have signed a Heads of Agreement to jointly develop a Sustainable Aviation Fuel (SAF) production unit at a ...
26-03-2024
-
SABIC and Pashupati group to target recycling opportunities in India
SABIC, a global leader in the chemical industry, has signed a Memorandum of Understanding (MoU) with Pashupati Group, a leading Indian recycler of plastic waste and supplier ...
25-03-2024
-
Karen McKee named 2024 petrochemical heritage award recipient
The American Fuel & Petrochemical Manufacturers (AFPM) is pleased to announce ExxonMobil’s Karen McKee, president of ExxonMobil Product Solutions Company, as the ...
24-03-2024
-
ABB and Cap Clean Energy collaborate to help SAF production take off
ABB has signed an agreement with Cap Clean Energy to collaborate on sustainable aviation fuel (SAF) production sites in the Canadian provinces of Manitoba, Saskatchewan ...
21-03-2024
-
Yokogawa launches OpreX robot management core
Yokogawa Electric Corporation announces the development and release of OpreXTM Robot Management Core, a software application in the OpreX Asset Management and Integrity ...
21-03-2024
-
Samsung Engineering rebrands name to SAMSUNG E&A
Samsung Engineering, a world leading engineering solutions and project management company, announced today, that it will officially changes its name to 'SAMSUNG E&A'. ...
21-03-2024
-
Clariant and Lummus awarded catalyst technology contract for new isobutane dehydrogenation plant
Clariant, a sustainability-focused specialty chemical company, and its process partner Lummus Technology have been selected by Huizhou Boeko Materials Co. Ltd., to provide ...
20-03-2024