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Petrofac wins Aramco contracts

One of the world's leading oil industry construction specialists has been handed new contracts by Saudi Aramco.

Petgrofac engineer

A Petrofac engineer at work Image: Petrofac

The Middle East oil producer signed two major engineering, procurement and construction (EPC) deals with UK-based Petrofac as part of the Jazan Refinery and Terminal project on the Saudi Red Sea coast.

The total contract value is worth some $1.4bn and focuses on tank farm construction across both the North and South areas of the site.  As part of Aramco's "In-Kingdom EPC" programme, Petrofac's Saudi Arabian office is tasked with delivering both contracts within three years.

A Petrofac spokesman commented: "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.”

Tags: Corporate News, Europe, Middle East

Published 4th January, 2013

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