Amiral cogen award set for third quarter
MEED | Middle East Economic Digest
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Independent facility will supply steam, water and power to the petrochemical plant
Saudi Aramco Total Refining & Petrochemical Company (Satorp) is understood to be in an advanced stage of bid?evaluation for the proposals it received for the contract to develop a?cogeneration-independent steam and power plant ?(ISPP)?serving?the?Amiral?petrochemicals project?in Jubail, Saudi Arabia.
Sources close to the project tell MEED that clarifications with bidders have been completed, with an award expected by September or earlier.
The consortiums that?submitted proposals ?for the contract in April are:
The planned facility is anticipated?to have a design capacity of about?470MW, as?MEED reported ?in November.
Expanding operations
Expectations for the imminent award of the package are building?following the?recent award ?of?the engineering, procurement and construction (EPC) contracts for the $11bn?Amiral petrochemicals production facility?in Saudi Arabia.
The EPC contracts?went?to:?
Integrated with the existing Satorp refinery in Jubail, the new complex aims to house one of the largest mixed-load steam crackers in the Gulf, with a capacity to produce 1,650 kt/y of ethylene and other industrial gases.
This expansion is expected to attract more than $4bn in additional investment in various industrial sectors, including carbon fibres, lubes, drilling fluids, detergents, food additives, automotive parts and tires. It is also expected to create around 7,000 local direct and indirect jobs.
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Satorp?reached the final investment decision on Amiral?in December last year.
Aramco owns 62.5 per cent of shares in Satorp, while France's TotalEnergies has a 37.5 per cent stake.
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