McDermott, COOEC Secure Saudi Aramco Deal

McDermott has been awarded a contract for Package 1 of Saudi Aramco’s Marjan Increment Development project to provide EPCI of the gas-oil separation plant (GOSP). McDermott will lead a consortium with China Offshore Oil Engineering Company (COOEC) in an integrated execution model. The Package 1 GOSP separation platform is located offshore in the eastern flank of the Arabian Gulf. It will be Marjan’s operational center.

The award, which is estimated to be more than $3 billion, is the largest EPCI offshore contract awarded by Aramco.