Chinese, Spanish companies to build $3.3bn Saudi gas refinery
25 January 2024
Energy company Saudi Aramco has chosen Spanish engineer Tecnicas Reunidas and China’s Sinopec to build a $3.3bn gas refinery in Saudi Arabia.
Tecnicas Reunidas will own 65% of the project, and Sinopec will have a 35% share.
Aramco previously signed a strategic alliance with the two companies.
The work will be carried out on the basis of two EPC contracts, one for the execution of the Riyas NGL Fractional Trains and another for the development of the NGL Common Facilities, which includes public service, storage and export infrastructure.
The main objective of the project is to extract ethane, propane, butane and pentane from natural gas. When complete, the trains will be able to process 510,000 barrels of gas a day.
The Common Facilities element will be used for storage and equipment that includes vapour and condensate recovery, water supply, air and nitrogen instrumentation, cooling and drainage.
The first contract is expected to take 46 months to complete and the second 41 months. Up to 575 engineers will work on the projects, of which more than 70% will be from Técnicas Reunidas.
Related
-
Envision Energy, AMEA Power sign deal for 500MW Egypt wind project
22 June 2026
-
Scatec reaches financial close for 120 MW solar power plant in Tunisia
22 June 2026
-
Strabag buys Romanian firm to target European rail infrastructure
19 June 2026
-
Sembcorp concludes Alinta Energy acquisition for $4.32bn
15 June 2026
-
Repsol and Masdar to partner in €849 million renewables portfolio in Spain
12 June 2026
-
Montenegro’s CEDIS signs agreement with EDF, AFD on grid upgrade
12 June 2026


京公网安备
11010802030424号
京ICP备19046776号-2