Technip and Tecnicas Reunidas win Jubail contracts

Related: Aramco and Total agree US$9.6 billion budget for Jubail | Aramco renegotiates contracts on US$12 billion Jubail

Following the announcement that Saudi Aramco and Total are to invest US$9.6 billion on the Saudi Aramco Total Refining Co (Satorp) oil refinery at Jubail in the KSA, contracts worth an estimated $7 billion have been awarded for the project.

French engineering giant Technip has been awarded two packages worth an estimated total of US$3 billion. The first, Package 2A, covers the conversion unit and is worth an estimated $1.7 billion, while the second, Package 5A, is worth an estimated $1.3 billion and covers the construction of offsites and utilities. Technip will share the second package with Taiwanese company CTCI.

Spanish contractor Tecnicas Reunidas has been awarded Package 1, which covers the distillation and hydrotreating and is worth an estimated $1.2 billion.

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Other contracts awarded include: Daelim Industrial Company (South Korea) - Package 2B: sulphur (estimated $400 million), Samsung Engineering (South Korea) - Pakage 3: aromatics (estimated $650m), Samsung Engineering & Chiyoda Corporation (Japan) – Package 4: coker unit (estimated $850 million), SK Engineering & Construction (South Korea) – Package 5B: plant utilities (estimated $850 million).

The Satorp refinery will process Arabian Heavy crude and have a capacity of 400,000 barrels per day. It  will also produce 700,000 metric tonnes per annum (mtpa) of paraxylene, 140,000 mtpa of benzene and 200,000 mtpa of polymer-grade propylene.

Satorp is due to become operational in 2013.