JEDDAH: A bidding group led by Mustang Al-Hejailan Engineering, a Wood Group company, said it had been awarded a general engineering services (GES+) contract by Saudi Aramco.
A company statement received here on Thursday added that the contract establishes a long-term framework for the supply of engineering, procurement and construction management services to support the execution of onshore and offshore oil & gas projects within Saudi Arabia.
The duration of the contract is five years, plus three one-year extension options.
The release of work under the contract is contingent on Mustang Al-Hejailan Engineering finalizing agreements to combine with two well-respected Saudi-owned engineering businesses, Dar E&C, which will be the second largest participant in the bidding group, and PI-Consult (taken together, the "bidding group").
More details will be announced once the terms of the transactions have been finalized, according to the statement released in Houston.
It said the resources of Mustang Al-Hejailan Engineering, Dar E&C and PI-Consult will be combined to create a leading in-Kingdom engineering & project management services provider. Mustang will continue to lead the company, it added.
"We are delighted with this award and pleased to have been given the opportunity to strengthen our partnership with Saudi Aramco as one of their preferred providers," said Mustang President Steve Knowles.
"We are excited to work with Saudi Aramco to deliver the challenging projects they have scheduled, both on- and offshore, over the coming years."
Faisal Al-Hejailan, president of Mustang Al-Hejailan Engineering, said: "We look forward to working closely with Saudi Aramco to help maximize the region's market potential.
"We recently moved to a much larger office facility and are upgrading our systems to better meet the market demands and develop a strong, local engineering capability in the region."
© Arab News 2011
