Petrofac, the international oil & gas service provider, has been awarded two engineering, procurement and construction (EPC) contracts for Petro Rabigh's Phase II petrochemical expansion project. Petro Rabigh is a domestic public company in which both Saudi Aramco and Sumitomo Chemical Co Ltd hold a financial interest.
The Saudi Arabian Oil Company (Saudi Aramco) and Sumitomo Chemical Company (Sumitomo Chemical) Joint Venture have made significant progress on the feasibility of the Rabigh Phase II Project (Rabigh II) according to statements made by Saudi Aramco. The JV is now ready to proceed in implementing the expansion of a world class petrochemical complex in Rabigh
KBR's Phenol Technology Selected By Saudi Aramco And Sumitomo For Rabigh II Project Feasibility Study
KBR (NYSE: KBR) today announced that it has been awarded a contract by the Saudi Arabian Oil Company (Saudi Aramco) and Sumitomo Chemical Co., Ltd. (Sumitomo) to provide basic engineering and related services for its phenol technology in support of a detailed feasibility study for development of the companies' joint Rabigh II Project.