Saudi Aramco has launched tenders for multiple offshore engineering, procurement, construction and installation (EPCI) contracts involving its Zuluf offshore upgrade project, worth up to $2.5 billion of business in total.
Aramco recently floated tenders for a quartet of Zuluf EPCI projects as a part of its long term agreement (LTA) with international contractors, three sources familiar with the tender process told Upstream.
The state-owned giant has ramped up its spending on offshore brownfield, maintenance and incremental projects this year on the back of sustained high oil prices.
The Oriental Pro-Energy Consulting Organization (Topco)
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