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Saudi Aramco gave Sinopec Engineering Group and Tecnicas Reunidas a $3.3 billion contract for the development of new natural gas liquids (NGL) fractionation facilities in Saudi Arabia. The work will be completed under two engineering, procurement, and construction contracts. Sinopec will own 65% of the joint venture, with Tecnicas Reunidas holding 35%. The project is projected to take 46 months for package 1 and 41 months for package 2.

Aramco awards $3.3bln contracts for new gas fractionation facility in Saudi Arabia

Saudi Aramco gave Sinopec Engineering Group and Tecnicas Reunidas a $3.3 billion contract for the development of new natural gas liquids (NGL) fractionation facilities in Saudi Arabia. The work will be completed under two engineering, procurement, and construction contracts. Sinopec will own 65% of the joint venture, with Tecnicas Reunidas holding 35%. The project is projected to take 46 months for package 1 and 41 months for package 2.

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