21-10-2012

Contractors selected for the Jazan project

Saudi Aramco has completed the contractor selection process for the engineering, procurement and construction (EPC) phases of the Jazan Refinery and Terminal, in the southwest part of the Kingdom of Saudi Arabia.

After completion of front-end engineering design (FEED) work in April 2012, competitive bidding for the EPC contracts took place, and it has concluded with the selection of Saudi Arabian and international contractors to implement the mega-project.
     
A robust and competitive process took place for the projects' major contract packages and the following companies are among the selected contractors:
* Petrofac Saudi Arabia Ltd. (Saudi Arabia)
* Hyundai Arabia Co. Ltd. (Saudi Arabia)
* Hanwha Engineering and Construction Corp. (Korea)
* SK Engineering & Construction Co. Ltd. (Korea)
* Tecnicas Reunidas (Spain)
* JGC Corporation (Japan)
* Hitachi Plant Technologies, Ltd. (Japan)

A signing ceremony for the major packages and contracts' awards is scheduled to be held in Jazan Economic City next month at the project site.

Scheduled for completion in late 2016, Saudi Aramco’s Jazan Refinery and Terminal mega-project is expected to play a significant role in the supply of feedstock and fuels to support the growth of major industries in Jazan Economic City. The Jazan Refinery and Terminal project is expected to create numerous economic benefits, including business opportunities for local enterprises and new job opportunities.

About Jazan Refinery and Terminal Project
Saudi Aramco's Jazan Refinery and Terminal Project is a 400,000 barrel-per-day refinery with associated terminal facilities on the Red Sea near Jazan in the southwest part of the Kingdom of Saudi Arabia.

Scheduled for completion in late 2016, the refinery will process Arabian Heavy and Arabian Medium crude oils, and produce gasoline, ultra-low sulfur diesel, benzene and paraxylene.

The Jazan Refinery will be synergized with a world-scale Integrated Gasification Combined Cycle plant that is currently at the FEED stage.

The marine terminal will have the capacity to handle Very Large Crude Carriers (VLCCs) for the supply of crude oil to the refinery, and berths to support refined product exports from the refinery.

The Ministry of Petroleum and Mineral Resources had entrusted Saudi Aramco to build and operate the Jazan Refinery and Terminal, which is wholly-owned by Saudi Aramco and will become an integral part of its refining network to meet the Kingdom’s energy demand and export surplus fuels to international markets.