Leading international contractors have submitted technical and commercial bids to oil giant Saudi Aramco covering up to eight engineering, procurement, construction and installation contracts serving multiple offshore fields in the kingdom.
The projects are a part of Aramco’s prestigious long-term agreement (LTA) with international contracting giants and are likely to be awarded by the first quarter of next year, according to at least three people familiar with the bid process.
Bids were submitted in November by up to five key EPCI players that are a part of the LTA arrangement, one source said.
