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Aramco awards Petrofac $1.4bn Jazan refinery contracts
- Saudi Arabia: Monday, December 10 - 2012 at 04:44
Saudi Aramco has selected UK-based Petrofac for two engineering, procurement and construction (EPC) contracts, worth a total of some $1.4bn, for the company's Jazan refinery and terminal project, Saudi Gazette has reported. The refinery is designed to produce around 400,000 barrels of oil per day and have associated terminal facilities on the Red Sea near Jazan. Both contracts are scheduled to be completed within three years.
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