Navigating Schedule G requires careful planning, as non-compliance can lead to severe financial penalties or project suspension.
). It is not merely a checklist but a comprehensive standard that equipment, particularly jack-up rigs and offshore units, must meet before they can commence contract work for Saudi Aramco. 2. Rigorous Acceptance Testing
Detailed tracking logs of material status: received, issued for installation, installed, scrapped, lost, or damaged. Material Master numbers assigned by Saudi Aramco. saudi aramco schedule g
Once handed over, the contractor assumes absolute fiduciary and structural liability for safeguarding, maintaining, and preserving these assets.
Quality records (RFI - Request for Inspection) must be digitized and updated in real-time. Once handed over, the contractor assumes absolute fiduciary
Critically, Schedule G often excludes political risk such as expropriation or changes in Saudi law as events of default. Instead, Aramco relies on its explicit commitment to operate as a commercial entity. For example, in its 2019 debut international bond (which was massively oversubscribed), the schedule clarified that dividends to the government are not restricted, but that failure to pay interest would be a default regardless of state instructions. This reassures investors that the company prioritizes bondholder claims over shareholder payouts.
What quality standards and country-of-origin requirements apply to materials? About us - Aramco the third-party inspector
Schedule G introduces a hierarchy of inspection involvement that contractors must follow religiously:
In essence, Schedule G acts as the project's constitution for physical resources, ensuring accountability, transparency, and operational efficiency.
An ITP is a step-by-step document mapping out the fabrication or construction process. Schedule G mandates that every ITP clearly define the roles of the contractor, the third-party inspector, and Saudi Aramco. The document uses specific intervention points: