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Wednesday, 07 January, 2009, 18:50 GMT | more >>

J Ray bags Manifa platform gig



By Upstream staff 

US services player J Ray McDermott has won a contract to install offshore platforms at Saudi Arabia's Manifa oilfield, state oil giant Saudi Aramco said today.

The work is part of a project to add 900,000 barrels per day of extra crude production capacity at the field, scheduled to start in June 2011.

J Ray will install 13 new platforms and modify 26 existing platforms at the offshore manifa field, Aramco said in a statement. It gave no details on the value of the project.

Saudi Arabia has fast-tracked oilfield expansion plans to boost production capacity to 12.5 million bpd by 2009 from current capacity of 11.3 million bpd.

Manifa is part of plans beyond that, although it is unclear if the field will boost the kingdom's capacity or replace declining production at existing fields.

Manifa will produce heavy crude which refiners find harder and more costly to process than lighter oil. The kingdom has signed deals to build two new 400,000 bpd refineries in Saudi and to upgrade others at home and abroad to process heavy oil.

Bermuda-based energy services player Foster Wheeler won the contract for engineering and design for the Manifa development in October last year.


Tuesday, 15 May, 2007, 13:47 GMT  | last updated: Wednesday, 16 May, 2007, 14:37 GMT

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