Petrofac Wins Petro Rabigh Contracts
Petrofac, a London-based oil and gas service provider, said it has been awarded two engineering, procurement and construction contracts for Petro Rabigh’s Phase II petrochemical expansion project. The...
View ArticleEngineering Firms Vie for Riyadh Refinery Project
Saudi Arabian Oil Co. has invited engineering and construction firms to bid on a US$1 billion clean fuel project at its refinery in Riyadh. The project will reduce sulphur content in the gasoline and...
View ArticleUS Ex-Im Bank Approves Sadara Chemical Loan
The board of the Export-Import Bank of the United States has approved a US$5 billion loan to Sadara Chemical Company for the export of American goods and services for the construction of a...
View ArticleSamsung Engineering Wins Luberef EPC Contract
Samsung Engineering has won a US$871 million contract from Luberef for a refinery in Saudi Arabia. Samsung competed against South Korean firms Daelim Industrial and Hyundai Engineering &...
View ArticleSaudi Aramco to Start Midyan Gas Development
Saudi Aramco plans to develop offshore gas fields in the northern Red Sea and Midyan basin for power generation in the northwestern part of the kingdom. The company said it will drill seven delineation...
View ArticleACWA to Build Ribigh II Power Plant
Saudi’s ACWA Power and its consortium partners, including Samsung C&T, have won a US$2.6 billion contract from Saudi Electricity to construct a power plant on Saudi Arabia’s Red Sea coast. The...
View ArticleKBR to Manage Saudi Aramco’s Offshore Facilities
KBR has been awarded a contract by Saudi Aramco to provide project management services for the company’s offshore program. Under the terms of this six-year contract, KBR will provide project...
View ArticleWorleyParsons Wins Saudi Aramco Offshore Contract
Saudi Aramco has awarded WorleyParsons a contract to provide project management services for its offshore program. The contract is an extension of a current one that has been in place for the past 12...
View ArticleSaudi Aramco to Invest US$80 Billion Overseas
Saudi Aramco plans to spend up to US$80 billion on overseas acquisitions and investments over the next five years, Bloomberg said in a report, citing people familiar with the matter. The investment is...
View ArticleGHHL Makes Saudi Stack Move
GHHL Makes Saudi Stack Move The first to respond to the Saudi Arabian government’s environmental improvement directive on increased flare stack heights, state-owned Saudi Aramco partnered with...
View ArticleOwning Up to Sadara’s Success
Owning Up to Sadara’s Success Project owners seldom set logistical standards for EPCs, but given the complexity and scale of the world’s largest petrochemical project, this unique approach was seen as...
View Article