Gulf Oil and Gas accountACCOUNT

Saudi Kayan Signs A LOI with KBR for the Consytruction of Olefins Plant

Source: www.gulfoilandgas.com 7/1/2006, Location: Middle East

SAUDI KAYAN has awarded Kellogg Brown & Root (KBR) a contract for engineering, procurement and construction of a 1,350,000 tons per annum Olefins Plant. The plant will be erected at the SAUDI KAYAN Cracker complex in the Jubail Industrial City, Kingdom of Saudi Arabia.

The Letter of Intent signifying the contract award was signed at the SABIC Engineering & Project Management office, Jubail Industrial City, on behalf of SAUDI KAYAN by Mr. Abdullah S. Al-Rabeeah SAUDI KAYAN President; and on behalf of KBR by Mr. Emory Pylant, Vice President Downstream, Kellogg Brown & Root LLC and Mr. Khaled Abu-Nashrah, Executive Manager, Brown & Root Saudi Ltd., in the presence of Eng. Mazyad S. Al-Khaldi, General Manager of SABIC Engineering & Project Management and Eng. Asaad Al-Ghamdi, General Manager of SAUDI KAYAN Cracker Complex Project.

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