Saudi Aramco signs long-term offshore agreement with UK firm

UK-based TechnipFMC, in consortium with Malaysia Marine and Heavy Engineering (MMHE), has signed a long-term offshore agreement with Saudi Aramco, the company said in a statement on Tuesday.

The agreement, valid for six years, covers engineering, procurement, fabrication, transportation and installation of offshore facilities for the development of Saudi Aramco’s offshore projects.

In support of this project, TechnipFMC will continue hiring and training Saudi engineers, supporting the on-going Saudization initiative.

“Along with our partner MMHE, we firmly believe that success is achieved through collaboration and that this agreement, leveraging the know-how and expertise of all parties, will be beneficial to the Saudi industry,” Nello Uccelletti, president of TechnipFMC’s Onshore/Offshore business, said.