MOSCOW (MRC) -- SNC-Lavalin affiliate, Saudi Arabian Kentz has been awarded a contract to expand asphalt production facilities at Saudi Aramco’s Ras Tanura Refinery, said Arabianindustry.
The engineering, procurement, and construction (EPC) deal will see Kentz increase the facility’s asphalt production facility from 22,000 barrels per day (bpd) to 42,000 bpd.
SNC-Lavalin will provide the engineering, design, procurement, installation, construction, pre-commissioning, and commissioning services necessary for the development and start-up of the plant.
Commenting on the EPC contract, Christian Brown, president of oil and gas at SNC-Lavalin, said: “We are delighted to build further on our recent experience of executing major EPC projects with Saudi Aramco.
"Saudi Aramco is a key client for us and we have one of the largest dedicated engineering and construction teams in Saudi Arabia," he added.
As MRC informed earlier, Saudi Aramco is considering proposals to buy stakes in Indian oil refining and petrochemical projects, India's oil minister Dharmendra Pradhan said on Monday, as the world's biggest oil exporter seeks outlets for its oil.
Saudi Aramco, officially the Saudi Arabian Oil Company, is a Saudi Arabian national oil and natural gas company based in Dhahran, Saudi Arabia. Saudi Aramco's value has been estimated at up to USD10 trillion in the Financial Times, making it the world's most valuable company. Saudi Aramco has both the largest proven crude oil reserves, at more than 260 billion barrels, and largest daily oil production.
MRC