French Total energy And the Saudi state AramcoThe giant Saudi oil company said in a statement today, Saturday, that the world’s largest oil company awarded contracts worth $11,000 million on Saturday to build a petrochemical complex attached to a refinery run by the two companies in Saudi Arabia.
According to Aramco’s memorandum, the award of engineering, procurement and construction contracts for the main processing units and related services marks the beginning of the construction work for the joint petrochemical expansion, after the final investment decision (announced) in December 2022.
It is a “global” petrochemical facility bearing the name of Amiral, and it will be integrated into the “SATORP” refinery, in which the two companies contribute and operate in the port of Jubail on the eastern coast of the Kingdom of Saudi Arabia.
In addition, this complex – as stated in the note – “is intended to accommodate one of the largest mixed-load steam crackers in the (Persian) Gulf, with the capacity to produce 1,650 kilotons per annum of ethylene and other industrial gases.”
Other investments
TotalEnergies and Aramco expect this expansion to attract more than $4 billion in additional investment in a variety of industry sectors, including carbon fiber, lubricants, drilling fluids, detergents, food additives, auto parts and tires.
He added that it is expected to generate about 7,000 direct and indirect local jobs.
“Today we take a big step forward to strengthen the partnership between Total Energy and Aramco, as the SATORP expansion project is the latest in a long history of nearly five decades of cooperation between the two companies,” said Amin Nasser, Aramco CEO. At a ceremony held in Dhahran, Saudi Arabia.
For his part, the President and CEO of the French company, Patrick Pouyanne, stressed during the ceremony that “the global project (…) opens a new page in our joint history with Aramco.”
Contracts, without Técnicas Reunidas
Finally, EPC contracts were awarded to:
- Hyundai Engineering & Construction Co., Ltd. – Mixed feed cracker and utilities, with a nominal capacity of 1,650 kt of ethylene and related industrial gases, utilities, flares and tie-down systems supporting main beams within the facility.
- Maire Tecnimont – for two polyethylene units with advanced double ring technology, with a nominal capacity of 500 kt each, and derived units.
- Sinopec Engineering (Group) Saudi Co. Ltd: to merge Tank Farm and SATORP tank.
- Gulf Consolidated Contractors Company – for pipe transportation.
- Muhammad Ali Al-Suwailem Trading and Contracting Company: for supporting industrial facilities.
- Mufreh Marzouq Al-Harbi and Partners Co. Ltd. – for site preparation.
- Mubarak Mohammed Al Saloumi and Partners General Contracting for temporary contracting.
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