aramco is pushing ahead with its gas development plans with the award of engineering, procurement and construction (EPC) contracts worth US$7.7bn to SAMSUNG E&A INDIA , GS E&C and Nesma & Partners for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia. https://zurl.co/51nm 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), in line with the company’s strategy to raise gas production by more than 60% by 2030, compared to 2021 levels. The 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. #aramco #fadhili #gas
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Saudi Arabia’s aramco, one of the world’s leading integrated energy and chemicals companies, has awarded engineering, procurement, and construction (EPC) contracts totalling $7.7 billion for the expansion of its Fadhili Gas Plant in the Eastern Province. This significant project aims to boost the plant’s processing capacity by up to 1.5 billion standard cubic feet per day (bscfd), taking it from 2.5 to 4 bscfd. 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.” Nabeel A. Al Mansour (pictured) is Executive Vice President, General Counsel & Corporate Secretary at Aramco. Read the full article >> https://lnkd.in/dDA3YH5z #LegalcommunityMENA #gas
Aramco Awards $7.7B Contracts for Fadhili Gas Plant Growth
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Aramco awards $7.7 billion contracts to add 1.5 bscfd of raw gas to Fadhili Gas Plant Aramco, one of the world’s leading integrated energy and chemicals companies, today awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia. 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. For expanding your business in KSA, contact us today at partner@novarabia.com. Source: https://lnkd.in/g9PGsh56 #Aramco #FadhiliGasPlant #SaudiArabia #EPCContracts #Energy #Chemicals #GasProduction #SulphurProduction #ExpansionProject #Investment #BusinessOpportunity #KSA #EasternProvince #Infrastructure #OilandGas #Engineering #Procurement #Construction #EconomicDevelopment #SaudiVision2030
Aramco awards $7.7 billion contracts to add 1.5 bscfd of raw gas to Fadhili Gas Plant
aramco.com
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🇸🇦 💰 $7.7 billion: Aramco awards EPC contracts to add 1.5 bscfd of raw gas to Fadhili Gas Plant Aramco today awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia. 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. Aramco awarded EPC contracts for the Fadhili Gas Plant increment project to SAMSUNG Engineering Company, GS Engineering & Construction Corporation, and Nesma & Partners. #naturalgas #Aramco #EPC #Samsung
Aramco awards $7.7 billion contracts to add 1.5 bscfd of raw gas to Fadhili Gas Plant
aramco.com
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Aramco awards $7.7 billion contracts to add 1.5 bscfd of raw gas to #Fadhili Gas Plant Aramco, one of the world’s leading integrated energy and chemicals companies, today awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia. 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..... https://bit.ly/3TMnzxh aramco #SaudiArabia #OilGas #Gas #GCC #MiddleEast
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Aramco, one of the world’s leading integrated energy and chemicals companies, today awarded engineering, procurement and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia. 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.” Aramco awarded EPC contracts for the Fadhili Gas Plant increment project to SAMSUNG Engineering Company, GS Engineering & Construction Corporation, and Nesma & Partner
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Aramco Awards $7.7bn Contracts for Fadhili Gas Plant Expansion. 🔹 Expansion Project: Saudi energy giant Aramco has awarded a $7.7 billion contract for the expansion of its Fadhili Gas Plant in the Eastern Province, increasing its processing capacity from 2.5 to 4 billion standard cubic feet per day (bscfd). 🔹 Contract Winners: SAMSUNG Engineering Co, GS Engineering & Construction Corp, and Nesma & Partners secured the increment project contract for the gas plant. 🔹 Gas Production Strategy: The initiative aims to boost Aramco's gas production by over 60% by 2030, contributing to the reduction of greenhouse gas emissions and freeing up more crude oil for value-added refining and export. 🔹 Timeline: Expected to be completed by November 2027, the expansion will also increase sulphur production by 2,300 metric tonnes per day. 🔹 Technology & Impact: Fadhili Gas Plant utilizes Tail Gas Treatment technology, achieving a sulfur recovery rate of over 99.9%, and plays a crucial role in meeting Saudi Arabia's energy demands while reducing emissions and driving economic growth. 🔹 Financial Performance: Aramco's recent financial results revealed a net income of $121.3 billion in 2023, reflecting its strong position in the energy sector. #Aramco #FadhiliGasPlant #GasProduction #SustainableDevelopment #SaudiEnergySector #InfrastructureExpansion #GreenEconomy #EconomicGrowth #SustainableEnergy #RiyadhBusinessOpportunities
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Saudi aramco' s plan to diversify beyond oil took another step forward. It has awarded construction contracts worth $25 billion for the development of its Jafurah gas project, as it looks to boost production of the fuel considered a key part of plans to reduce plant-warming emissions. The contracts awarded include $12.4 billion for increasing gas output at Jafurah, plus $8.8 billion for expanding the so-called master gas system, which delivers natural gas to customers around the country, according to a statement. Aramco also awarded $2.4 billion in contracts for gas rigs. Development of the Jafurah field, estimated to hold 200 trillion cubic feet of gas, is expected to cost $100 billion and boost the firm’s gas production more than 60% by 2030. #saudiarabia #oilandgas #saudivision2030 #gas #jafurah
Saudi Aramco Awards $25 Billion in Contracts For Gas Expansion
bloomberg.com
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Saudi Aramco selects Chinese contractor for $12 billion gas project CPECC’s scope includes EPC work for the expansion of three booster stations along with the development of necessary support facilities. Saudi Aramco has chosen China Petroleum Engineering and Construction Company (CPECC) for a key contract involving the expansion of the kingdom's natural gas infrastructure. The state-owned heavyweight is said to have finalised winners for up to 15 engineering, procurement and construction (EPC) packages for the third expansion phase of the multibillion-dollar Master Gas System Network (MGS-3) development. Aramco has issued letters of intent (LoIs) to the following contractors for 16 EPC packages of the MGS-3 project: Package 1 – China Petroleum Engineering & Construction Company (China) Package 2 – Sepco (China) Packages 3 + 12 – Gas Arabian (Saudi Arabia) Packages 4 + 9 – Mapa (Turkey) Packages 6 + 7 – Sinopec Petroleum Services (China) Packages 8 – Larsen & Toubro Energy Hydrocarbon (India) Packages 10 + 14 – Nesma & Partners (Saudi Arabia)/Sicim (Italy) Packages 13 + 15 + 17 – Kalpataru Power Transmission (India) Package 5 – Bin Quraya (Saudi Arabia) Package 11 – Max Streicher (Germany) https://lnkd.in/gUSd5gUr
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ADNOC Gas continues to progress on its Estidama project, which seeks to significantly expand the UAE natural gas pipeline network to boost transport capability throughout the country. The project is a core element of Abu Dhabi’s wider gas strategy. EPC contracts over $700 Million An increase of 300 km for gas pipelines in the UAE, with priority given to the more favorable and extensive use of natural gas pipelines. Estidama EPC Package-8: includes laying a pipeline from the Ruwais LNG pre-conditioning plant at Habshan 5 to the main Ruwais liquefaction plant. This includes more than 180 km of onshore pipeline and it is being delivered on a fast-track basis. There are at least five major contractors and consortiums in the running for contracts worth more than $700 million, players include: Sinopec Pipeline Finance Backs China Petroleum Pipeline Engineering India’s Kalpataru Projects Galfar Engineering & Contracting, from the Middle East Bundling of NMDC Energy and CAT Group A consortium that includes Egyptian outfits ENPPI and Petrojet. https://lnkd.in/dMnmtPYf
Quintet in frame for $700 million-plus Adnoc expansion deal
upstreamonline.com
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ADNOC takes positive FID on the Ruwais LNG project ADNOC has taken positive final #investment decision (FID) on its Ruwais LNG project and awarded the project's #engineering, #procurement and #construction (EPC) contract (issued a Full Notice to Proceed - FNTP) valued at approximately $5.5 billion (AED20.2 billion). According to the Global LNG Database®, Ruwais LNG project in Al Ruwais Industrial City, #AbuDhabi is set to become one of the lowest-carbon intensity LNG plants in the world as it will use #electric-driven motors instead of conventional #gasturbines. The project will significantly enhance ADNOC's LNG production capacity aligning with global #naturalgas demand and the shift towards #decarbonization and #sustainableenergy. ADNOC had already issued a Limited Notice to Proceed (LNTP) for early EPC activities to a Technip energies-led JV with JGC and #UAE’s National Petroleum Construction Company (NPCC) for the project. ADNOC’s 9.6 MMT/Y new LNG export project’s #FEED work was undertaking by McDermott International, Ltd. Perfect information about the world’s LNG import/export projects such as “Ruwais LNG project” is available on the Global LNG Database®. Learn more at: https://lnkd.in/dSG73cW To see more posts like this in your feed and stay up-to-date with what is going on in the LNG world, follow Global LNG Info on LinkedIn at https://lnkd.in/e442DdDn #constructionprojects #lngindustry #lngshipping #energy #investment #energyindustry #energymarkets #energyprojects #constructionjobs #constructionindustry #infrastructure #database #naturalgasindustry #gasprices #sales #work #developer #middleeast #middleeastjobs #middleeastenergy #uaenews #uaejobsearch #uaejobs #stage #project #gasindustry #gasprocessing #globallngdatabase
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