The Epic Aramco Deal
McDermott, via McDermott Nederland B.V., jumps into the spotlight as one of 11 chosen contractors for a major Project Management Consultancy Long-Term Agreement. Moreover, this deal helps deliver massive energy, downstream, petrochemical, and low-carbon projects across Saudi Arabia.
Additionally, the multi-year LTA positions McDermott as a key engineering and project management provider in Aramco’s strategic programs.
Dynamic Partnership in Action
McDermott now collaborates with Solutions Leaders Fayez Engineering (SLFE) to blend global expertise with local strength. They execute projects through an integrated Out-of-Kingdom and In-Kingdom model while hitting localization and IKTVA goals.
SLFE handles in-Kingdom engineering support, and McDermott leads planning and technical excellence. As Michael McKelvy noted, this reflects a shared commitment to collaboration and sustainable growth.
