Petrofac wins contracts in Saudi Arabia’s Petro Rabigh expansion

24 July 2012 11:59  [Source: ICIS news]

SINGAPORE (ICIS)--Petrofac has secured two engineering, procurement and construction (EPC) contracts under the phase II expansion of Petro Rabigh’s petrochemical project in Saudi Arabia, the UK-based oil and gas service provider said on Tuesday.

One contract is for tank farms and another is for works on common utilities at the site in Rabigh, Petrofac said in a statement.

Financial details of the contracts were not disclosed

Petrofac’s projects for Petro Rabigh will be undertaken within 36 months and will be delivered from its Saudi Arabia office in Al-Khobar, it said.

Petro Rabigh is a joint venture between Sumitomo Chemical of Japan and Saudi Aramco. The partners have an equal stake of 37.5% each in the joint venture firm.

Petro Rabigh’s phase II project includes expanding its existing 1.3m tonne/year ethane cracker, as well as building a new aromatics complex using additional 30m standard cubic feet/day of ethane and approximately 3m tonnes/year of naphtha as feedstock.

By: Nurluqman Suratman

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