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Press Release

Technip awarded two major contracts for the new Jubail Export Refinery in Saudi Arabia

July 10, 2009

Paris, July 10, 2009

Technip has been awarded two major lump sum turnkey contracts by the Saudi Aramco Total Refining and Petrochemical Company* (SATORP) for two packages which are part of a grassroots refinery to be built at the Jubail industrial area in Saudi Arabia.

This full-conversion refinery will have a processing capacity of 400,000 barrels per stream day of Arabian heavy crude oil. It will maximize production of diesel and jet fuels, and will also produce 700,000 tons per year (t/y) of paraxylene, 140,000 t/y of benzene and 200,000 t/y of polymer-grade propylene.

Technip鈥檚 scope for this project covers the engineering, procurement and construction of two contracts:

  • the hydro and catalytic cracking conversion process units
  • some of the utility units as well as the interconnecting network and process control system of the entire refinery.

These contracts, which are scheduled for completion during the second quarter of 2013, will be jointly executed by Technip鈥檚 operating centers in Rome (Italy) and Paris (France), with assistance from the Group鈥檚 organization in the Middle East. They follow Technip鈥檚 successful execution of the front-end engineering design for this refinery.

Thierry Pilenko, Chairman and CEO, stated: 鈥淭hese major awards confirm Technip鈥檚 leadership in grassroots refineries as well as the technological know-how and project management capabilities of the Group.They illustrate Technip鈥檚 willingness to accompany its clients from the earliest stages of such projects.鈥

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