Construction Week In Focus: Saudi Arabia's oil & gas projects shine in Q3 2019

Описание: In Q3 2019, the largest contract valued at $1.5bn (SAR5.6bn) was awarded by Saudi Aramco to Spanish contractor Tecnicas Reunidas in July.

The project covers the development of a gas plant located in the Tanajib area to process gas and non-associated gas from Marjan field as well as associated gas from Safaniya and Zuluf fields.

As part of the contract, the firm will work on Package 9 that covers construction of a number of facilities, including a gas compression and tankage substation, a natural gasoline storage unit, an off-spec products storage unit, propane and butane storage, and the installation of numerous inlet and related facilities. The project is expected to be completed by Q4 2023.

Aramco also awarded a $650m (SAR2.4bn) contract to Egypt’s Engineering for the Petroleum & Process Industries (Enppi) for debottlenecking the Safaniya field in the Eastern Province.

Scope of work for Enppi includes construction of a new low pressure degassing tank, substations, and related facilities, with work expected to be completed by Q4 2022.

Italy’s Saipem also bagged Aramco’s $320m (SAR1.2bn) contract for Package 5 of Marjan oil field water transport project. Under the contract, Saipem will construct facilities to transport water from a well site to a new pump system in Tanajib, with the project set to be completed by Q4 2023.

With construction projects worth trillions of dollars in the pipeline, Saudi Arabia’s oil and gas project shine in Q3 2019, as other non-oil sectors continue to grow and boost the country’s economy.

CAMERA
Abuzar Samo

EDITING
Anand Sundaram

Producer contact
ranju[.]warrier[@]itp[.]com

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