Saudi Aramco signs new deals

Author: 
ARAB NEWS
Publication Date: 
Fri, 2011-02-18 23:13

Saudi Aramco’s GES+ initiative requires that the majority of its engineering services requirements be conducted in Saudi Arabia and will enhance the development of training and domestic employment opportunities, according to a statement posted on its website on Friday.
The GES+ contracts were executed with two consortiums comprising the following entities:
1. Mustang International and Faisal Jamel Al-Hejailan Engineering Company (Mustang Hejailan), Dar Al-Riyadh Engineering Consultants (DAR), and Petro-Infrastructure Engineering Consultants Company (PI Consult);
2. A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Company (SOFCON), Saudi Consolidated Engineering Company for Engineering Consultancy (SCEC), and Foster Wheeler Arabia Company Ltd (Foster Wheeler).
The two consortiums were selected following a competitive bidding process, Aramco's statement added.
Accordingly, following contract development, Saudi Aramco identified qualified contractors capable of carrying out front end engineering design (FEED), detailed design, material procurement, and project management services (PMS) to support its capital program.
The GES+ contracts are for the duration of five years with options available for extensions, the statement added.

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