Baker Hughes, a GE company, 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 said it will deliver a comprehensive well services solution including all cased-hole wireline logging, perforation, well testing, stimulation, fracturing and associated intervention services.
The three-year contract includes the option of two one-year extensions and the project is expected to start later this month.
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, a statement said.
Mohammed Y Al Qahtani, senior vice president of upstream at Saudi Aramco, said: “The contract further reinforces our integration efforts across conventional fields in Saudi Arabia, helping maintain capacity and meet domestic and global demand. We are pleased to work with BHGE as a partner with proven expertise in country.”
“The contract underpins the strength of our portfolio and demonstrates our ability to deliver comprehensive well solutions to improve productivity, reliability and efficiency for our customers,” added Lorenzo Simonelli, chairman, president and CEO of BHGE.
With over 2,700 employees in the country, BHGE has more than 10 facilities for manufacturing, maintenance and R&D in the Gulf kingdom.For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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