26-11-2012
JGC awarded EPC contract for Jazan refinery and terminal in Saudi Arabia
JGC Corporation announced today that, together with its Saudi subsidiary JGC Arabia Ltd., it has received a notice of award for a lump-sum turnkey contract from the Saudi Arabian state-owned oil company Saudi Aramco for the engineering, procurement and construction (EPC) services associated for the Jazan Refinery and Terminal.
Jazan Refinery and Terminal, to be built in the province of Jazan, located in the southeast area of Saudi Arabia, is expected to have 400,000 barrels per day capacity to process crude oils and produce gasoline, ultra low sulfur diesel and aromatics. JGC will be taking charge of the EPC work for the Naphtha and Aromatics Complex, which is scheduled for completion in 2016. The value of the contract was not disclosed.
Saudi Arabia is implementing a national policy to diversify its industry and workforce. As part of that policy, since 2006, the Saudi government has been planning development of the Jazan Economic City, located in southwestern Saudi Arabia on the Red Sea coast near the Yemen border. The Jazan Economic City comprises 108 square kilometers, with plans for sequential development of infrastructure including power plants, desalination plants, a seaport, and a residential district, and invitations to heavy industries as well as manufacturing industries including electronics, pharmaceuticals, processed foods and others. Saudi Aramco has planned the 400,000 barrel per day capacity Jazan refinery and Terminal as a flagship project to serve as a symbol of the Jazan Economic City as a whole.
Given the extremely large scale of this mega-project, Saudi Aramco has divided it into 14 separate bidding packages, of which JGC was awarded: Naphtha and Aromatics Complex. It is thought that JGC was chosen for the project because of our robust history of successful project execution in the Middle East and Saudi Arabia in particular, as well as our superior engineering technology and cost competitiveness. We hope that successful execution of this project will serve to further strengthen our ties with Saudi Aramco.
The Middle East, where JGC has executed a large number of oil refinery, petrochemicals and gas processing projects, remains one of our most important regional markets. Many more crude oil processing, gas processing, oil refining and petrochemicals projects are planned for this region, so JGC will continue to make maximum efforts to promote our strengths and experience in hopes of winning more project orders in the near future.
News Category:
-
MAIRE announces major contract wins
MAIRE announces that its subsidiaries TECNIMONT and KT-Kinetics Technology, also thanks to the technological and engineering services provided by NEXTCHEM, have been ...
29-04-2025
-
Borouge to boost production capacity
Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, has today announced a series of strategic asset expansion ...
28-04-2025
-
Wanhua Chemical signs JV agreement with Petrochemical Industries Company
On April 25, Wanhua Chemical formally signed a joint venture agreement with Petrochemical Industries Company. Under the terms of the agreement, PIC invested USD ...
27-04-2025
-
TotalEnergies to cease operating its oldest steam cracker in Antwerp
TotalEnergies’ Antwerp platform provides an update on its investments for the future and announces plan to reconfigure its petrochemicals operations to strengthen competitiveness. ...
23-04-2025
-
HOERBIGER to break ground on new Florida Campus in Florida
HOERBIGER Corporation of America will hold a ceremony to commemorate the groundbreaking of its future home, the HOERBIGER Florida Campus, on Wednesday, April 23rd. Construction ...
22-04-2025
-
Amogy and JGC to accelerate commercialisation of ammonia cracking catalyst
Amogy, a provider of mature, scalable, and efficient ammonia-to-power solutions, today announced the first pilot plant deployment of its advanced ammonia cracking catalyst ...
17-04-2025
-
Clariant teams up with Technip to introduce new steam-to-oil catalyst
Clariant, a global leader in specialty chemicals, today announced the launch of StyroMax UL-100, its most advanced ethylbenzene dehydrogenation catalyst to date. This ...
09-04-2025
-
Yokogawa Launches OpreX Plant Stewardship
Yokogawa Electric Corporation announces the launch today of OpreXTM Plant Stewardship, the most comprehensive lifecycle service program in the company’s OpreX Sustainable ...
08-04-2025
-
IndianOil to build mega petrochemical project in Paradip
In a landmark development, Indian Oil Corporation Ltd. (IndianOil) signed a Memorandum of Understanding (MoU) with the Government of Odisha to set up a world-class Petrochemical ...
08-04-2025
-
BDI BioEnergy to begin construction of biofuel feedstock refinery plant
BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. This facility will ...
04-04-2025