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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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
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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 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
Aramco awards EPC contracts for Fadhili Gas Plant expansion
oilreviewmiddleeast.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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Latest Industry Trends in the Oil & Gas Sector. At CRA, we stay updated on industry trends to better serve our clients. We recently reviewed the latest market snapshot from MEED | Middle East Economic Digest, highlighting key developments in the MENA Oil & Gas industry. 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: • Egypt is the largest market in North Africa. • Saudi Arabia leads with the largest share of active oil, gas, and chemical projects. • Iraq and UAE follow, with significant investments in upstream and downstream projects. 𝗙𝘂𝘁𝘂𝗿𝗲 𝗣𝗿𝗼𝘀𝗽𝗲𝗰𝘁𝘀: • Over $408 billion worth of planned and unawarded oil and gas projects in the MENA region. • Major initiatives include Adnoc’s Hail & Ghasha sour gas development and QatarEnergy’s LNG processing trains. 𝗧𝗼𝗽 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝘀 𝗮𝗻𝗱 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝗼𝗿𝘀: • Leading contractors: NMDC Group, Saipem, and TECNIMONT. • Key projects: Adnoc’s Hail & Ghasha and QatarEnergy’s LNG trains. 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗔𝘄𝗮𝗿𝗱𝘀 𝗯𝘆 𝗦𝘂𝗯𝘀𝗲𝗰𝘁𝗼𝗿: • Distribution of awards across gas processing, oil extraction, and pipeline projects. 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗩𝗮𝗹𝘂𝗲 𝗮𝗻𝗱 𝗩𝗼𝗹𝘂𝗺𝗲 𝗧𝗿𝗲𝗻𝗱𝘀: • Notable peaks in project awards in 2021 and 2023. Our Take: CRA is committed to supporting the industry's growth with our robust portfolio of PFF products. Our dedication to quality and timely delivery ensures we are ready to contribute to the industry's sustainability. CRA - #ThePipingPeople *** Source of information & credits: For more detailed insights, check out the full market snapshot from MEED. https://lnkd.in/dQuXME5h
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OIL, GAS & PETROCHEMICAL 🌍 With projects across Europe, Asia, Africa and the Middle East, Petrolinvest has become a world-renowned leader in the oil and gas sectors. Our team is committed to delivering excellence through detailed engineering, innovative process design, and the use of advanced construction technologies. From refining to gas and waste treatment and complex industrial applications, Petrolinvest has accumulated extensive know-how and capabilities to meet the unique challenges of today’s energy landscape. Proud to be driving progress in such a dynamic industry! #pienergies #Oil #gas #subseaoil #petrochemical #offshoreinfrastructure #onshoreinfrastructure, #watertreatment #cleanenergy #energy #environmentalinnovation #engineering #constructiontechnologies #sustainablesolutions #EPCservices #PMCservices #refineryprojects #glycolregeneration #energysolutions #TechnipParis #globalenergy
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Middle East Oil & Gas Pipeline Market is expected to grow due to growing technological advancements in the oil & gas sector and increasing demand for crude oil and natural gas during the forecast period. According to TechSci Research report, “Middle East Oil & Gas Pipeline Market - By Country, Competition Forecast & Opportunities, 2018-2028,” the Middle East Oil & Gas Pipeline Market is expected to register robust growth during the forecast period, 2024-2028. The market is anticipated to be driven by elements like rising investments, expanding gas infrastructure development, and expanding desalination plant capacity over the forecast period. Download Free Sample Report: https://lnkd.in/gdGK8wqt Customers can also request for 10% free customization on this report. Major market players in the Middle East Oil & Gas Pipeline Market are: - · Arabian Pipes Company · Rezayat Group · EEW Group · Sumitomo Corporation · Vallourec SA · Abu Dhabi Metal Pipes & Profiles Industries Complex LLC · Jindal SAW Ltd · ArcelorMittal
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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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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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