Economy

Contractors prepare bids for Saudi Aramco and TotalEnergies JV in Jubail

Follow-ups -eshrag News:

Thu, 2022-07-14 14:49

RIYADH: Contractors are preparing bids for the estimated $5 billion Amiral petrochemical project of Saudi Aramco and Total Refining & Petrochemical Co. in Jubail, which includes the main engineering, procurement and construction works, according to a MEED report.

Citing sources, the agency reported that Satorp, a downstream joint venture of Saudi Aramco and France’s TotalEnergies, had issued tenders for the eight EPC packages in May and June.

Initially, the deadline to submit the bids was Aug. 15. The report noted that Satorp has extended it to Aug. 31.

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