01-06-2014
MMG signs MOU with Essar to develop construction services solution for Jazan refinery
Mohammed Al-Mojil Group (MMG), one of the largest Saudi construction service providers announces the signing of an MOU with Essar Projects (EPL); a global EPC (Engineering, Procurement, Construction) contractor headquartered in Dubai, to provide construction services for project developments in Jazan, including Saudi Aramco’s 400,000 barrels per day Jazan refinery which will be the mainstay of a new economic city fulfilling the objectives of the economic development in Jazan.
The refinery is due to process up to 75,000 barrel per day of gasoline, 250,000 barrel per day of low-sulfur diesel and 80,000 barrel per day of vacuum distillation material to be used as fuel for power plants.
This MOU aligns with MMG’s restructuring plan, and its new business model, focusing on core business units of skilled workforce, scaffolding, steel fabrication, camping/catering plus other services required by the construction industry, and Essar Projects’ goal to be immediately operative in Saudi Arabia.
The proposed collaboration combines MMG’s proven capabilities, extensive track record in the Saudi construction market, its availability of a large number of skilled resources and logistic support in Kingdom, with Essar Projects’ experience in executing mega projects across the world, highly experienced project management teams, the firm intention to mobilize and invest in large quantities of construction equipment and construction facilities in Jazan area for the long term.
This collaboration will be positioned to cater to all construction aspects of the development of Jazan thereby creating significant employment opportunities for Saudi locals.
MMG CEO Stewart Macphail said: “We are excited to be working together with Essar to develop this new business which will expand MMG’s footprint in the Kingdom. We chose Essar as our partner based on the depth of their experience and capability in the oil and gas construction market across Asia. This new venture is a part of MMG’s new strategy to build and grow market leading construction services solutions across the Kingdom of Saudi Arabia.”
Alwyn Bowden, President & CEO, Essar Projects stated: “Saudi Arabia is a key market for Essar Projects and this partnership will enable us to provide a value offering to our key customers in the country and to actively participate in the development of the Jazan region. This collaboration enables us to work flexibly to cater to peak project manpower and resource requirements, thereby servicing our key customers to the fullest.”
The Jazan Refinery and Terminal Project is intended to grow the economy of the southern part of KSA by offering more than 1,000 direct jobs and 4,000 indirect jobs. Only three other refinery projects of the same scale of Jazan Refinery have been commissioned worldwide over the past 20 years.
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
-
Worley awarded Bayou Bend CCS carbon capture and storage facility contract
We’ve been selected to design and evaluate CO2 gathering, handling and sequestration facilities located along the Gulf Coast in Southeast Texas. Bayou Bend ...
13-05-2024
-
Black & Veatch delivers feasibility study for Andes Energy LNG Terminal
Global liquefied natural gas (LNG) infrastructure solutions leader Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, LNG regasification ...
09-05-2024
-
Shell to sell interest in Singapore Energy and Chemicals Park to CAPGC
Shell Singapore Pte Ltd, a subsidiary of Shell plc, has reached an agreement to sell its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint venture company ...
08-05-2024
-
Integrated Global Services recognized for role in mega turnaround
Integrated Global Services has been recognized as a major contributor to the successful Ras Tanura Refinery 2024 Mega Turnaround and Inspection for Saudi Arabian Energy ...
08-05-2024
-
BASF invests in capacity expansion of Basoflux® range of paraffin inhibitors
BASF plans to expand the global production capacity of its Basoflux® range of paraffin inhibitors at its site in Tarragona, Spain. This investment will enable BASF’s ...
07-05-2024
-
Ebara Elliott Energy to provide compressor for SAF project in Thailand
Ebara Elliott Energy, formerly Elliott Group, announces it has been contracted to provide a motor-driven recycle compressor with a variable frequency drive (VFD) for ...
07-05-2024
-
ETH Zurich select hte to provide high throughput test system designed for CO2 electroreduction
hte – the high throughput experimentation company was awarded a contract by the technical university ETH Zurich to provide a high throughput test system designed for ...
07-05-2024
-
TotalEnergies and Sinopec strengthen cooperation
On the occasion of the state visit to France by the President of the People's Republic of China, TotalEnergies, represented by Patrick Pouyanné, Chairman and CEO, and ...
07-05-2024
-
IPP enters agreement to market ammonia, methanol and melamine plants in Ludwigshafen
BASF and International Process Plants (IPP), a global leader in the acquisition and sale of process plants and equipment, have entered an agreement to market ammonia, ...
06-05-2024