08-10-2018
Wison contract with SABIC for leading-edge technology project in Jubail
The global leading engineering, procurement and construction (EPC) service provider Wison Engineering Services Co. Ltd. is pleased to announce that its wholly-owned subsidiary Wison Engineering Ltd. (Saudi Branch) has signed an EPC contract, approximately USD $150 million, with Saudi Basic Industries Corporation (SABIC) for a Utilities Park & Pilot Plants project. Dr. Fahad AL-Sherehy, SABIC Vice President, Technology & Innovation, and ZOU Yu, President of Wison Engineering (Middle East) attended the signing ceremony and on behalf of both parties formally signed the contract.
The park and plants project is part of the ongoing SABIC Technology Center expansion plan in Jubail, marking SABIC's biggest investment in innovation, globally. Once the expansion plan completed, the fully integrated complex will be the biggest of SABIC's 21 global technology and innovation centers spread across different regions.
Wison Engineering has successfully delivered seven EPC projects on schedule to SABIC since 2012. Earlier this year, Wison Engineering established the Middle East Operation Centre in Saudi Arabia, regarding the Middle East market as the most important market in its global strategic development.
At the signing ceremony, ZOU Yu said, "Wison Engineering deeply appreciates the trust and support SABIC has given to us throughout the years. We are also glad to get SABIC project again. Based on our rich successful experience of SABIC seven projects that Wison has delivered, we will continue working hard to achieve the successful delivery of the project with excellent management and project execution."
"The signing of the contract demonstrates the recognition of international clients for our capability to implement EPC projects in petrochemical sector and enhances Wison Engineering's reputation among the suppliers of project owners, laying a foundation for us to fight for projects with larger scales in the future. We will continue provide premier services to clients, strengthen the bond of trust with them and proactively respond to Saudi Government's vision for 2030 in order to create more values for local clients and drive social and economic development." ZHENG Shifeng, Senior Vice President of Wison Engineering, added.
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024
-
Radix partners with Cleopatra Enterprise to enhance project controls and turnaround management
Radix, a global technology solutions company, announced the signing of a partnership agreement with Cleopatra Enterprise, a leading project cost management software company. ...
16-04-2024
-
Rhône Energies in talks to buy Fos-sur-Mer refinery
Rhône Energies, a consortium of Entara LLC and Trafigura Pte Ltd, has entered into exclusive negotiations to acquire the Fos-sur-Mer refinery and the Toulouse and Villette ...
14-04-2024
-
Cenovus Energy to invest in Toledo and Lima refineries
Canada's Cenovus Energy said it will spend more than $1.5 billion on its 160,000 b/d Toledo and 185,000 b/d Lima refineries in Ohio over the next five years and expand ...
11-04-2024
-
Kent plays integral role in Fawley petrochemical complex
Kent, a leading global engineering and project management company, is proud to announce its significant involvement in ExxonMobil's £800m investment in its Fawley Petrochemical ...
11-04-2024