Siemens Energy signs long-term service contract with Saudi Aramco

Siemens Energy signs long-term service contract with Saudi Aramco

31 Mar 2021

Germany’s Siemens Energy has signed a long-term service agreement (LTSA) with Saudi Aramco which covers a range of turbines and generators at four major oil fields

Germany’s Siemens Energy has signed a long-term service agreement (LTSA) with Saudi Aramco which covers a range of turbines and generators at four major oil fields.

Under the 15-year contract, Siemens Energy will provide extended service support and comprehensive warranties and provide necessary resources and materials required for any emergencies.

“Siemens Energy is a strategic partner and a trusted service provider, that can ensure reliable power supply at these major oil fields, helping improve operational excellence and continuously enhancing the performance of our strategic assets,” Mohammad Al-Shammary, Aramco VP of Procurement and Supply Chain Management, was quoted in a press release about the LTSA signing.

Siemens Energy’s activities will meet the requirements outlined in the In-Kingdom Total Value Add Program (IKTVA), which was created by Aramco to baseline, measure, and support increased levels of localisation.

“Siemens Energy is dedicated to providing and ensuring stable, efficient and resilient power supply to Aramco, while delivering value beyond the scope of the contract, by contributing to the local economy and developing the skills and employability of Saudi nationals,” said Mahmoud Sulaimani, Managing Director of Siemens Energy Saudi Arabia. 

Want more Energy & Utilities insight?

Free energy tutorials at your fingertips this May and June with Middle East Energy Online

Be confident in finding the inspiration you need to navigate the energy evolution. Be energised by 40 hours of free virtual seminars, tech demos, case studies and thought leadership, to help you find the answer to your project challenges, only through Middle East Energy 2021. Plus, discover over 150 renewable and clean energy, transmission & distribution, critical & backup power and energy consumption & management suppliers and solution specialists, from solar and green hydrogen to automation solutions, EV controls, plus switchgears and components.

List your business

Create a business listing on the Energy & Utilities markeplace

Sign up for the FREE Energy newsletter

The latest news and analysis sent to your inbox.

Drop Us A Message
I have read, understood and consent to your Privacy Policy