Saudi Aramco, TotalEnergies Award Contracts for $11 Billion Project
26 June 2023 - 3:54PM
Dow Jones News
By Mauro Orru
Saudi Arabian Oil Co. and TotalEnergies awarded engineering,
procurement and construction contracts to seven companies for the
$11 billion Amiral project to develop a new petrochemical complex
in Saudi Arabia.
The two companies said Saturday that they had awarded the
contracts to Hyundai Engineering & Construction., Maire
Tecnimont, Sinopec Engineering Group Saudi, Gulf Consolidated
Contractors, Mohammed Ali Al-Suwailem Trading and Contracting,
Mofarreh Marzouq Al Harbi and Partners, and Mobarak M. Al Salomi
and Partners for Contracting.
Saudi Aramco and TotalEnergies made a final investment decision
in December to build a petrochemical complex integrated with the
Satorp refinery in Jubail that will house a mixed-load steam
cracker with enough capacity to produce 1.65 million tons of
ethylene a year.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
June 26, 2023 01:39 ET (05:39 GMT)
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