Saudi Aramco signs first major contract for King Salman International Complex

Saudi Aramco said it has awarded the contract for dredging, reclamation and marine structures to a consortium comprising Saudi Archirodon Co and Huta Hegerfeld AG Saudia Co. Saudi Aramco, which is leading construction of the shipyard, did not reveal the value of the contract but said work would be completed by 2020. Among other items, the project includes building 4,500m of concrete quay walls and wharves, as well as breakwaters, at Ras Al Khair on Saudi Arabian east coast. “It is an important milestone for King Salman International Complex for Maritime Industries and Services, the largest of its kind in the region.” said Mr Ahmed Al-Sa’adi, Saudi Aramco’s Senior Vice President for Technical Services. “The complex is in line with the Kingdom’s economic diversification objectives, it will position the Kingdom as a strategic logistics hub and will create vast job opportunities.” Execution of the initial phase of the contract will prepare the project site for later construction of a dry dock and shipbuilding and maintenance facilities. When completed the complex will offer vessel and rig building, maintenance, repair and overhaul services. Saudi Aramco says the project will comply with all of the Saudi government’s environmental and sustainability requirements.