On Wednesday, Aramco and Horizon Project Company broke ground on a 277,000 square meter drilling and workover site in Saudi Arabia’s King Salman Energy Park (SPARK). Construction on the site is expected to be completed by the second quarter of 2023.
“This is another significant venture by Aramco that will contribute to business continuity. We expect the new drilling and workover facilities to attract other oil field services companies, who have an indispensable role to play within the collaborative setting of an integrated energy ecosystem,” Nasir Al-Naimi, senior vice-president of upstream at Aramco said in a statement.
A total of 1,200 drilling and workover staff will be accommodated at the new complex. A 22-year contract has already been inked between Aramco and Horizon for the project.
SPARK is a 50-square-kilometer megaproject in Saudi Arabia that is currently being built. Saudi Aramco is developing the facility, which is located in Saudi Arabia’s Eastern Province.
The site will be built in three parts, with the first phase comprising primarily of infrastructure, roads, utilities, and real estate assets.
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