Released on 06/12/12
Petrofac has received two engineering, procurement and construction (EPC) contracts from Saudi Aramco to work on the Jazan Refinery and Terminal project in Saudi Arabia.The two contracts are worth about $1.4bn and will be executed from Petrofac's Saudi Arabian office.The scope of the contracts includes delivery of tank farms in the north and south areas of the project."The two contracts are worth about $1.4bn and will be executed from Petrofac's Saudi Arabian office."Petrofac Engineering, Construction, Operations and Maintenance division chief executive Marwan Chedid said the contracts will reinforce the relationships and experience the company has developed through its recent involvement on the Karan project, as well as the ongoing Petro Rabigh projects for Saudi Aramco and Sumitomo Chemical.''As this project progresses, we look forward to working closely with Saudi Aramco and our contractors to further deepen our engineering and project management capability in the Kingdom," Chedid added.On completion of the project, the refinery will produce nearly 400,000bpd of oil and have associated terminal facilities on the Red Sea, near Jazan in south-west Saudi Arabia.The contracts, which are scheduled to begin within three years, form the first major awards granted by Saudi Aramco as part of its In-Kingdom EPC programme.
Source www.chemicals-technology.com
Petrofac has received two engineering, procurement and construction (EPC) contracts from Saudi Aramco to work on the Jazan Refinery and Terminal project in Saudi Arabia.The two contracts are worth about $1.4bn and will be executed from Petrofac's Saudi Arabian office.The scope of the contracts includes delivery of tank farms in the north and south areas of the project."The two contracts are worth about $1.4bn and will be executed from Petrofac's Saudi Arabian office."Petrofac Engineering, Construction, Operations and Maintenance division chief executive Marwan Chedid said the contracts will reinforce the relationships and experience the company has developed through its recent involvement on the Karan project, as well as the ongoing Petro Rabigh projects for Saudi Aramco and Sumitomo Chemical.''As this project progresses, we look forward to working closely with Saudi Aramco and our contractors to further deepen our engineering and project management capability in the Kingdom," Chedid added.On completion of the project, the refinery will produce nearly 400,000bpd of oil and have associated terminal facilities on the Red Sea, near Jazan in south-west Saudi Arabia.The contracts, which are scheduled to begin within three years, form the first major awards granted by Saudi Aramco as part of its In-Kingdom EPC programme.
Source www.chemicals-technology.com