Aramco Awards Contracts Worth $7.7 Bln to Add 1.5 BSCFD of Raw Gas to Fadhili Gas Plant

Saudi Aramco awarded engineering, procurement, and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province. (SPA)
Saudi Aramco awarded engineering, procurement, and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province. (SPA)
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Aramco Awards Contracts Worth $7.7 Bln to Add 1.5 BSCFD of Raw Gas to Fadhili Gas Plant

Saudi Aramco awarded engineering, procurement, and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province. (SPA)
Saudi Aramco awarded engineering, procurement, and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province. (SPA)

Saudi Aramco, one of the world’s leading integrated energy and chemicals companies, awarded on Tuesday engineering, procurement, and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province of Saudi Arabia.

The project is expected to increase the plant’s processing capacity from 2.5 to 4 billion standard cubic feet per day (BSCFD).

This additional 1.5 BSCFD will help the company realize its strategy of raising gas production by more than 60% over the 2021 levels by 2030.

The Fadhili Gas Plant expansion, set to be completed by November 2027, is also expected to add 2,300 metric tons to the daily sulfur production.

Aramco Executive Vice President of Technical Services Wail Al Jaafari said: “These contracts reflect Aramco’s goal to increase natural gas supplies, help efforts to reduce greenhouse gas emissions, and free up more crude oil for value-added refining and export.”

“Together with leading international companies, we are advancing our goal to increase gas production. The expansion also supports our ambition to develop a lower-carbon hydrogen business, while associated liquids from gas are an important feedstock for the petrochemical industry,” he added.

Aramco awarded the EPC contracts for the Fadhili Gas Plant expansion project to SAMSUNG Engineering Company, GS Engineering & Construction Corporation, and Nesma & Partners.



Exports from Libya's Hariga Oil Port Stop as Crude Supply Dries Up, Say Engineers

A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
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Exports from Libya's Hariga Oil Port Stop as Crude Supply Dries Up, Say Engineers

A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)
A general view of an oil terminal in Zueitina, west of Benghazi April 7, 2014. (Reuters)

The Libyan oil export port of Hariga has stopped operating due to insufficient crude supplies, two engineers at the terminal told Reuters on Saturday, as a standoff between rival political factions shuts most of the country's oilfields.

This week's flare-up in a dispute over control of the central bank threatens a new bout of instability in the North African country, a major oil producer that is split between eastern and western factions.

The eastern-based administration, which controls oilfields that account for almost all the country's production, are demanding western authorities back down over the replacement of the central bank governor - a key position in a state where control over oil revenue is the biggest prize for all factions.

Exports from Hariga stopped following the near-total shutdown of the Sarir oilfield, the port's main supplier, the engineers said.

Sarir normally produces about 209,000 barrels per day (bpd). Libya pumped about 1.18 million bpd in July in total.

Libya's National Oil Corporation NOC, which controls the country's oil resources, said on Friday the recent oilfield closures have caused the loss of approximately 63% of total oil production.