Arabia Saudita
SAUDI FIRM WINS JAFURAH GAS PROJECT STEEL ORDER
Saudi Arabia-based Arabian Pipes Company has won a contract worth $78.1m to supply steel pipes for the second expansion phase of Saudi Aramco's Jafurah unconventional gas development. The order was placed as a sub-contract by Denys Arabia, the main contractor performing engineering, procurement and construction (EPC) works on one of the Jafurah second expansion phase project packages. The duration of the contract is 10 months, Arabian Pipes Company said, adding that the financial impact of this contract is expected to reflect on its income in the period from the fouth quarter of 2024 until the second quarter of 2025. Jafurah second expansion phase On 30 June, Aramco officially awarded 16 contracts worth a combined total of about $12.4bn for the second expansion phase of the Jafurah unconventional gas development. The work on the project will involve the construction of gas compression facilities and associated pipelines and the expansion of the Jafurah gas plant, including construction of gas processing trains, utilities, sulphur and export facilities. It will also involve construction of the company’s new Riyas natural gas liquids (NGL) fractionation facilities in Jubail – including NGL fractionation trains and utilities, storage and export facilities – to process NGL received from Jafurah. Last September, Aramco had selected contractors for the estimated $10bn Jafurah second expansion phase. Aramco officially issued the EPC contracts in late October. The main EPC packages of the Jafurah second expansion phase project, their estimated values and the selected contractors are: Package 1 – gas processing plant and main process units – $2.9bn: Larsen & Toubro Energy Hydrocarbon (India) Package 2 – utilities and offsites – $2.4bn: Hyundai Engineering (South Korea) Package 3 – gas compression units – $1bn: Larsen & Toubro Energy Hydrocarbon Riyas NGL package 1 – NGL fractionation trains – $1bn: Tecnicas Reunidas (Spain) Riyas NGL package 2 – utilities, storage and export facilities – $2.2bn: Tecnicas Reunidas In October, Indian industrial services conglomerate Larsen & Toubro announced that its subsidiary Larsen & Toubro Energy Hydrocarbon had won the contract for the main gas compression system of the Jafurah second expansion phase project from Aramco. The total value of the Indian firm's EPC contracts from Aramco is close to $4bn, making it the contractor with the largest share of work on the Jafurah second expansion phase. Hyundai E&C held a groundbreaking ceremony for package two of the project in April. The scope of work on the package mainly involves EPC of utilities and offsite facilities at the Jafurah second expansion phase project. Power Construction Corporation of China (PowerChina) announced in October that its subsidiary Eighth Hydropower Bureau had won a contract from Aramco to build industrial facilities to serve the Riyas NGL project. Following the completion of EPC works, the Riyas NGL project will be connected to package six of the first phase of the Jafurah unconventional gas development via a 320 kilometre pipeline. Eighth Hydropower Bureau is also the contractor for Jafurah’s first phase package six, for which EPC works are progressing. Located in Saudi Arabia’s Eastern Province, the Jafurah basin hosts the largest liquid-rich shale gas play in the Middle East, with an estimated 200 trillion cubic feet of gas in place. This shale play covers an area of 17,000 square kilometres. On 30 June, Aramco also awarded contracts for an additional 23 gas rigs, worth $2.4bn, along with two directional drilling contracts worth $612m, for the Jafurah unconventional gas development. These contracts follow 13 well tie-in contracts at Jafurah worth a total of $1.63bn, which Aramco said it had awarded between December 2022 and May 2024. Contacts of ARABIAN PIPES: Kingdom of Saudi Arabia 42734 Riyadh 11551 Tel: +966 11 2650123 Email:sales@arabian-pipes.com info@arabian-pipes.com (ICE RIYADH)
Fonte notizia: Meed