By creating two offshore fabrication yards, Saudi Aramco plans to double the nation’s capability for offshore manufacturing. The new yards are being constructed in Ras Al Khair in collaboration with National Petroleum Construction Company (NPCC) and McDermott International, and are expected to fabricate and assemble offshore platforms, jackets, and structures for subsea pipelines.
The new yards are designed to comply with international standards, utilizing cutting-edge technology to serve the Kingdom, the GCC, and wider markets.
The initial combined production capacity is estimated at roughly 70,000 metric tons (MT) per year
The construction of the yards in Ras Al Khair also seeks to supplement the King Salman International Complex for Maritime Industries and Services nearby and promote localization of the maritime industry.
The start-up of the facilities is planned for the third quarter of 2023, with the initial combined production capacity estimated at roughly 70,000 metric tons (MT) per year. This will increase the country’s total offshore fabrication capacity to 100,000 MT annually from the current 30,000 MT capacity.
The yards are anticipated to provide up to 7,000 direct and indirect jobs once fully operational, with a projected Saudization rate of 70%.