Aramco awards $7.7 billion Fadhili Gas Plant EPC Contracts to SAMSUNG, GS and NESMA
3 April 2024
Aramco, one of the world’s leading integrated energy and chemicals companies, awarded engineering, procurement and construction (EPC) contracts for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia.
The value of the contracts is $7.7 billion.
Aramco awarded EPC contracts for the Fadhili Gas Plant increment project to SAMSUNG Engineering Company, GS Engineering & Construction Corporation, and Nesma & Partners.
The project is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd).
This additional 1.5 bscfd of processing capacity is expected to contribute to the company’s strategy to raise gas production by more than 60% by 2030, compared to 2021 levels.
The Fadhili Gas Plant expansion, which is expected to be completed by November 2027, is also expected to add an additional 2,300 metric tons per day to sulphur production.
Wail Al Jaafari, Aramco Executive Vice President of Technical Services, said: “The award of these contracts reflects Aramco’s goal to increase supplies of natural gas, help efforts to reduce greenhouse gas emissions, and free up more crude oil for value-added refining and export. Together with leading international companies, we are advancing our goal to increase gas production. The expansion also supports our ambitions to develop a lower-carbon hydrogen business, while associated liquids from gas are an important feedstock for the petrochemical industry.”
Related
-
Skanska to build Sweden’s longest wooden bridge
30 April 2025
-
Alcazar joins forces with IFC to develop Štip wind farm project
29 April 2025
-
Guatemala opens 1.4 GW energy auction
29 April 2025
-
ACCIONA wins construction and concession of transmission line in south Peru
25 April 2025
-
Panama’s president rejects new mining contract law to settle Cobre Panamá dispute
25 April 2025
-
Glenfarne to acquire four solar assets with battery storage facilities in Chile
25 April 2025