Saudi Aramco awards BHGE major well services contract for conventional fields
Conventional stimulation and well-testing contract will enhance production from new and existing wells for up to five years
Baker Hughes, a GE company (BHGE) has been awarded a major stimulation and well-testing contract by Saudi Aramco to be a partner in optimising production from new and existing wells across conventional fields in Saudi Arabia.
BHGE will deliver a comprehensive well services solution including all cased-hole wireline logging, perforation, well testing, stimulation, fracturing and associated intervention services. By integrating discrete products, services and capabilities into a single offering, BHGE will help Saudi Aramco reduce time, costs and complexity while increasing efficiency.
The three-year contract includes the option of two one-year extensions and the project is expected to commence in December 2018. The work is expected to create more than 200 new engineering, field services and project management jobs, and indirectly supports an additional 300 existing jobs, which Aramco says falls under its In-Kingdom Total Value Add (IKTVA) initiative.
“The contract further reinforces our integration efforts across conventional fields in Saudi Arabia, helping maintain capacity and meet domestic and global demand," said Mohammed Y. Al Qahtani, senior vice president of upstream at Saudi Aramco. "We are pleased to work with BHGE as a partner with proven expertise in country.”
With over 2,700 employees in the country, BHGE has more than 10 facilities for manufacturing, maintenance and R&D in the Kingdom. The company has over 1,350 Saudi suppliers in its supply chain and has helped create over 5,300 indirect jobs.
BHGE's footprint includes an assembly, maintenance and overhaul workshop; a drill bits manufacturing facility that exports to over 40 countries; a completions and well intervention facility; a pressure control facility that is the largest and one of the most advanced by BHGE in the region with the manufacturing done entirely in the Kingdom; the Dhahran Technology Center that has over 15 R&D projects and has filed over 30 patents; an artificial lift facility that partners with 120 local suppliers; a turbomachinery processes and services facility; and one of the first and largest chemical blending plants in the Kingdom.