Jacobs wins $1.5m Saudi Arabian Petro Rabigh contract

12 May 2009 21:02  [Source: ICIS news]

HOUSTON (ICIS news)--A subsidiary of Jacobs Engineering has won a general engineering services (GES) contract for a $15bn (€11bn) complex being built by Rabigh Refining and Petrochemical (Petro Rabigh), the US firm said on Tuesday.

Jacobs valued the contract at $1.5m, the company said.

Under the contract, the company's subsidiary in Saudi Arabia, Jacobs Zate, will provide mechanical, electrical, civil, chemical engineering and other services for the complex, which will be built in the Red Sea port of Rabigh, Saudi Arabia.

The complex is the largest integrated oil refinery and petrochemical production site ever to be built at one time, Jacobs said. The complex will have a capacity of 18.4m tons/year of petroleum-based products and 2.4 tons/year of ethylene and propylene-based derivatives, Jacobs said.

Petro Rabigh is a joint venture by Saudi Aramco and Sumitomo Chemical.

($1 = €0.74)

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By: Al Greenwood
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