Wood Group wins six-year deal with Saudi Aramco

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Wood Group wins six-year deal with Saudi Aramco

Wood Group has been awarded an offshore maintain potential programme contract by Saudi Aramco for greenfield and brownfield engineering services, procurement, and construction management support for new facilities in the Arabian Gulf.

The six-year contract, which includes options for two three-year renewals, includes the establishment of an offshore engineering centre of excellence in Al Khobar, Saudi Arabia, the company said in the press release.

Work will be performed by Wood Group Mustang in the US. In-kingdom work scope will be executed by Saudi Arabian joint venture, Mustang-HDP, and is expected to employ up to 300 people.

Wood Group Mustang CEO, Michele McNichol, stated: “We look forward to helping Saudi Aramco to implement its offshore production strategies and to developing the Al Khobar centre of excellence. The centre will help to establish offshore engineering capabilities in Saudi Arabia by transferring Wood Group Mustang’s record-setting experience, strong technical and project management resources, and flexible, innovative approach.”

Mustang-HDP has been providing engineering services to Saudi Aramco under a general engineering services (GES+) contract since 2011. That contract established 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 the Kingdom of Saudi Arabia.

Source and Link: Offshore Energy Today.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.