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Aramco Seeks Bids for Riyadh Refinery Project

Source: Bloomberg 8/21/2012, Location: Middle East

Saudi Arabian Oil Co. invited bids for engineering, procurement and construction contracts for a clean fuel project valued at as much as $1 billion at its Riyadh refinery, MEED reported on its website. Saudi Aramco, as the world’s largest state-owned crude exporter is known, plans to cut air pollution by reducing sulphur content in the gasoline and diesel it produces, the magazine reported.

The closing date for bids is 20 October.

Among companies interested in the project are Technip SA (TEC), Samsung Engineering Co. Ltd., Petrofac Ltd (PFC), Tecnicas Reunidas SA (TRE), Hyundai Engineering & Construction Co. Ltd., GS Engineering & Construction Corp. (006360), Daelim Industrial Co. Ltd. and SK Engineering & Construction Company Ltd, MEED said.

Aramco also plans to carry out similar clean fuel projects at its Ras Tanura and Yanbu refineries.

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