Siemens Energy has signed its first long-term service agreement (LTSA) with Aramco, covering a range of turbines and generators at four major oilfields
The 15-year contract will enable Aramco to benefit from Siemens Energy’s comprehensive warranties and extended service support, increasing the availability and the reliability of the power supply for these strategically important assets. Furthermore, Siemens Energy will ensure resilience by providing the necessary resources and material availability in the Kingdom to face in case of any emergency.
“Siemens Energy is a strategic partner and a trusted service provider, that can ensure reliable power supply at these major oilfields, helping improve operational excellence and continuously enhancing the performance of our strategic assets,” said Mohammad Al-Shammary, Aramco VP of Procurement and Supply Chain Management.
The agreement with Aramco will also enable Siemens Energy to expand localisation plans through the development of high-tech industry and training of a skilled Saudi workforce, to increase job expertise and raise domestic capabilities in Saudi Arabia, whilst benefitting the local economy. Siemens Energy’s activities will meet the requirements of Aramco's In-Kingdom Total Value Add Program (IKTVA).
“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.
Siemens Energy’s Service Workshop, formerly known as ISCOSA, is currently relocating to the Siemens Dammam Energy Hub, Siemens Energy’s largest gas turbine and compressor manufacturing facility in the region, which includes a full-fledged service set up to cover the entire product lifecycle.
