Aramco invites firms for Jizan refinery deals
Khobar, June 5, 2010
State oil giant Saudi Aramco is looking for firms to manage the construction of the Jizan refinery, industry sources said on Saturday.
Engineering firms will have to submit their prequalification documents, which also include the front-end engineering and design (FEED) and project management services (PMS) by June 12, sources said.
The refinery, with a planned capacity of 250,000-400,000 bpd is among new plants Saudi Arabia is planning to build as it looks to boost domestic refining capacity.
'Aramco is still evaluating options to decide on the capacity of the refinery,' an industry source told Reuters.
In January, Saudi Arabia said Aramco would build the refinery at Jizan.
The kingdom had hoped the refinery would be built and owned entirely by the private sector, a first in the world's top exporter.
The refinery is far from Saudi Arabia's producing fields and is part of a wider development plan for the impoverished southern region. – Reuters
More Energy, Oil & Gas Stories
- ME oil, gas transaction value up 15pc
- Victrex to showcase new product in Paris
- Aramco JV puts off giant refinery overhaul to 2015
- Libya threatens to bomb N Korean tanker
- Bahrain 'producing 850MW of surplus power'
- 2,000 experts for Bahrain geosciences summit
- Libyan rebels start oil exports, bypassing govt
- Dubai drilling company set for London IPO
- Opec output soars on higher Iraq exports
- S Korea to pay Iran $550m under nuke deal
- Qatar LPG exports will stay unchanged till 2018
- $14bn Bahrain energy sector focus for summit
- Iraq now world's fastest-growing oil exporter
- Old IT systems pose risk to oil firms
- Thomson Reuters adds commodity monitoring tool
- Oil below $90 to hit GCC economies
- GlassPoint appoints new Oman director
- Sheffield company opens Dubai hub
- Oman targets big rise in gas output
- Intertek buys UAE firm for $66m
- Qaiwan to tender Baizan refinery EPC contract
- Al Maha wins Oman Air fuel supply deal
- Iran to become top gas importer by 2025
- UAE hydrocarbon projects seen hitting $11bn
- Summit focus on occupational safety
- Aramco names new senior VP
- Siemens gets $253m Qatar power contract
- Taqa-led group's India deal worth $1.6bn
- Taqa-led group to buy India power plants
- Iraq oil exports hit record 2.8m bpd