Saudi Aramco on Monday completed the contractor selection
process for the engineering, procurement and construction (EPC) phases of the
Jazan refinery and terminal project, located in the southwest
part of Saudi Arabia.
After completion of front-end engineering design (FEED) work
in April 2012, competitive bidding for the EPC contracts took
place, the company said.
Companies selected include Petrofac Saudi Arabia and Hyundai
Arabia; Hanwha Engineering and Construction and SK Engineering
& Construction, each from Korea;
Tecnicas Reunidas from Spain; and JGC Corp. and Hitachi Plant
Technologies, each from Japan.
A signing ceremony for the major packages and awards is
scheduled to be held in Jazan next month at the project site, according to Aramco
Scheduled for completion in late 2016, Saudi Aramcos
Jazan mega-project is expected to play a significant role in
the supply of feedstock and fuels to support
industry growth, the company said.
The Jazan project is expected to create numerous economic
benefits, the company said, including business opportunities
for local enterprises and new job opportunities.
The project includes a 400,000 bpd refinery with associated terminal facilities on the Red Sea near
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
The 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