Saudi Aramco GI 288.002 PROVISION OF SERVICES AND SALE OF MATERIALS TO EXTERNAL PARTIES

This General Instruction (GI) 288.002 from Saudi Aramco outlines the comprehensive procedures and principles governing the provision of services and the sale of materials to external parties. It details the entire process, from initial agreement administration and the development of rate sheets to the specific responsibilities of proponents and service providers.

Key topics covered include the definition of terms, scope of activities, pricing and revenue models (such as flat rate, unit rate, cost-plus, and market rate), accounting and budgeting considerations, and the formal documentation required for billing agreements and service orders. The document provides essential guidance for managing financial transactions and ensuring compliance with Saudi Aramco's internal policies when engaging with third-party entities.

This instruction is crucial for internal departments responsible for structuring, managing, and executing agreements with external customers for services and materials. Readers will gain a thorough understanding of the contractual, financial, and operational frameworks required to successfully conduct business with external parties, ensuring accurate invoicing, cost allocation, and revenue recognition.

Ideal for contract administrators, accounting managers, financial analysts, and procurement specialists working within Saudi Aramco or similar large-scale energy organizations.