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One of McDermott International’s subsidiaries has been awarded two projects for Saudi Aramco in the Arabian Gulf in the Karan, Safaniya and Zuluf fields. The values of these contracts are included in McDermott's 2Q 2012 backlog.
The first project, Karan-45, comprises fabrication of a new wellhead platform, auxiliary platform, jacket, and link bridge, with subsea installation of a 20-inch flowline and a 15 kilovolt composite power and fiber optic cable.
Project management, engineering, and procurement will be undertaken at McDermott’s engineering office in Al-Khobar, Saudi Arabia. Fabrication will commence shortly at the company’s Jebel Ali facility in the United Arab Emirates and the offshore scope will be undertaken by vessels from McDermott’s global fleet. The project is scheduled for completion in the first quarter 2014.
The second project, issued under the existing long-term agreement, includes the procurement of flexible flowlines and the fabrication, transportation, and installation of pipelines and subsea tie-ins. Procurement and fabrication will be carried out at the company’s Jebel Ali facility and installation, using vessels from McDermott’s fleet, is scheduled for completion by the end of the 1Q of 2013.