Award nears for Petro-Rabigh consultancy

27 May 2008
An award is due by the end of June for the long-awaited consultancy contract covering the second-phase expansion of the giant Rabigh Refining & Petrochemical Company (Petro-Rabigh) facility on Saudi Arabia’s Red Sea coast.

Two companies - JGC Corporation of Japan and Italy’s Tecnimont - are understood to be in the running for the contract, which covers the front-end engineering and design and project management of the multi-billion-dollar expansion.

The bid bond for their offers expires at the end of June, indicating that the contract should be awarded by then.

The $10bn first phase of Petro-Rabigh is due to come on stream later this year. A joint venture of Saudi Aramco and Japan’s Sumitomo Corporation, it is the first project in the region to integrate an existing refinery with a petrochemicals complex.

The second phase involves the expansion of the ethane cracker and aromatics complex, and the construction of at least 15 downstream chemical production plants (MEED 17:1:08).

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