South Korea’s Kepco has been selected by Saudi Aramco to develop an independent steam and power producer (ISPP) project in Jafurah.

Energy & Utilities reported in February that Saudi Aramco had received bids from three groups for the Jafurah ISPP project, after the bid submission date had been extended from the original 5 December deadline. The project was retendered in 2021 after the original tender was cancelled in 2020.

The Kepco consortium saw off competition from the local Acwa Power and local Al-Jomaih consortiums to be appointed for the Jafurah ISPP scheme.

The project will be developed under a public-private partnership (PPP) structure, with the successful developer signing offtake agreements for power and steam production.

The Kepco consortium was advised by Synergy Consulting.