24 July 2012
Petrofac Awarded Two Projects For Petro Rabigh II
Petrofac, the international oil & gas service provider, has been awarded two engineering, procurement and construction (EPC) contracts for Petro Rabigh’s Phase II petrochemical expansion project. Petro Rabigh is a domestic public company in which both Saudi Aramco and Sumitomo Chemical Co Ltd hold a financial interest.
Due to commence shortly, Petrofac has been awarded an EPC contract for tank farms and a second EPC contract for common utilities. The projects — scheduled to be undertaken within 36 months — are some of the first major awards made by Saudi Aramco and Sumitomo Chemical under their In-Kingdom EPC programme and will be delivered from Petrofac’s Saudi Arabia office in Al-Khobar. Petro Rabigh operates the refinery at Rabigh, about 93 miles (150 km) north of Jiddah, Saudi Arabia.
Marwan Chedid, Chief Executive of Petrofac’s Engineering, Construction, Operations & Maintenance (ECOM) division, commented: “We are delighted to have secured these projects. It serves to reinforce the hard work and dedication of our In-Kingdom team and we look forward to strengthening the relationship with both Saudi Aramco and Sumitomo Chemical as they progress. Furthermore, it augments the ongoing development of our engineering and project management capability in the Kingdom.”