Further awards have been made on the estimated $8,500 million refining and petrochemicals project at Rabigh. Athens-based Consolidated Contractors International Company (CCC) has started work on an estimated $400 million construction subcontract for the olefins element of the development, while the local Ahmad Nassir Albinali & Sons Company has won a contract, worth SR 175 million ($47 million), for the early works package at the integrated scheme.
CCC's award, placed by Japanese main contractor JGC Corporation, covers all construction works on the high olefins fluid catalytic cracker and the ethane cracker. Due to be completed by April 2008, the subcontract includes civil mechanical, electrical and instrumentation, building and insulation work.
Albinali's contract, placed directly by Rabigh Refining & Petrochemical Company (Petro-Rabigh), the 50:50 joint venture of Saudi Aramco and Japan's Sumitomo Chemical Company, covers site preparation, demolition of existing facilities, installation of temporary power, water and sewerage systems, construction of an evaporation pond and a 15-kilometre-long security perimeter fence. An award is also imminent at Petro-Rabigh for the non-process facilities buildings package. A total of 13 local contractors submitted bids in the autumn for the estimated SR 165 million ($44 million) contract. The scope of works covers the construction of seven multi-storey buildings to house workers and administrative offices.