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Petrofac and Tecnicas Reunidas may win Saudi Aramco deals, sources say

Petrochemicals

Oilfield services company Petrofac and Spain’s Tecnicas Reunidas are likely to win contracts to build projects for Saudi Aramco’s Uthmaniyah and Ras Tanura plants, industry sources have said

Tecnicas Reunidas is the lowest bidder to build units for a cleaner fuels project at Ras Tanura refinery, originally estimated to cost more than US$2bn, aimed at removing sulphur from refined oil products, according to a Reuters report.

The project is part of a drive by the Kingdom to meet stricter environmental standards in export markets.

Petrofac is the front-runner to build a gas treatment facility at Uthmaniyah gas plant, expected to cost around US$600mn, the sources have added.

The aim of the Uthmaniyah project is to recover ethane as well as propane and other natural gas liquids (NGL) from 39.6mn standard cu/m per day of sales gas.

Uthmaniyah is one of the operating areas of Ghawar, the world’s largest onshore oilfield. The gas plant has a processing capacity of 70.7mn standard cu/m per day.

Saudi Arabia is reportedly building a number of gas plants to meet rising domestic gas demand. It has said its Fadhili, Midyan, and Wasit gas plants will add more than 1.4bn standard cu/m per day of non-associated gas processing capacity.

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The expansion is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd). (Image source: Aramco)

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The expansion is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd). (Image source: Aramco)

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