Dutch marine engineer Boskalis wins Saudi Aramco work

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Time: November 26, 2018   

An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018.

An Aramco employee walks near an oil tank at Saudi Aramco’s Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018.

 

AMSTERDAM  – Dutch marine engineer Boskalis said on Monday it had signed a multi-year deal with Saudi Aramco to work on the offshore facilities of Saudi Arabia’s state oil company.

Boskalis will act in a consortium with United Arab Emirates-based oil rig constructor Lamprell Plc on an Aramco programme to invest $3 billion annually for six years.

Boskalis, which said its share of the deal was worth “multiple hundreds of millions” of dollars, will transport and install structures. It will also be involved in dredging and installing pipelines and cables.

This article was first published in ZAWYA

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