Long term agreement extension deal with Saudi Aramco

Energy Disrupter

Fossil Energy – Agreement Extension

Middle East contracting player Lamprell, owned by Saudi Arabia’s Algihaz Holdings, has confirmed the extension of a long term agreement (LTA) with state giant Saudi Aramco for offshore oil and gas projects in the kingdom.

Lamprell executives signing offshore LTA agreement with Saudi Aramco. Photo: Lamprell.

Aramco’s prestigious LTA arrangement involves multiple international contractors, which together are responsible for carrying out brownfield and greenfield developments on some of the country’s largest offshore assets.

Original Source: https://ocean-energyresources.com/2025/04/18/long-term-agreement-extension-deal-with-saudi-aramco/