Killajoules

MOU Signed for Red Sea Refining Partnership
Saudi Aramco and China Petrochemical Corporation (Sinopec) signed a Memorandum of Understanding (MOU) related to the ongoing development of the Red Sea Refining Company (RSRC), a world-class, full-conversion refinery in Yanbu’, on the west coast of Saudi Arabia. The MOU was signed by Khalid A. Al-Falih, President and CEO, Saudi Aramco, and Su Shulin, President, Sinopec.
Saudi Aramco and Sinopec have agreed to initially subscribe to equity interests of 62.5% (Saudi Aramco) and 37.5% (Sinopec) in RSRC should they proceed to formally participate in a joint venture. Both companies bring commercial and technical knowledge and expertise to the joint venture while creating a strategic partnership to enhance trade of transportation fuels between a significant energy producer and a significant consumer.

MMG Signs With Saudi Aramco 2 Contracts Worth SR1.031 billion
Mohammad Al-Mojil Group has signed two separate contracts with Saudi Aramco whose cumulative worth is SR1.031 billion . The first contract worth of SR 220 million is to design, procure construct, and commission Industrial Support Facilities for the Wasit Gas Plant in the Eastern Province of Saudi Arabia.

Saipem wins new E&C Offshore contracts worth in excess of $2.2 billion
Saipem has been awarded new E&C Offshore contracts worth in excess of $2.2 billion.

Foster Wheeler and Consortium Partners Sign GES+ Contract with Saudi Aramco
Foster Wheeler AG (Nasdaq: FWLT) announced today that a subsidiary of its Global Engineering and Construction Group together with the subsidiary's consortium partners comprising A. Al-Saihati, A. Fattani & O. Al-Othman Consulting Engineering Co., (SOFCON) and Saudi Consolidated Engineering Company - Khatib & Alami (SCEC K&A) have signed a contract with Saudi Aramco for the provision of services associated with Saudi Aramco's General Engineering Services Plus (GES+) initiative for a duration of five years with options available for extensions. The terms of the contract were not disclosed.

KBR to Implement ROSE(R) Technology for Luberef Yanbu Refinery Revamp
KBR (NYSE: KBR) today announced that it has been awarded a contract by Saudi Aramco Lubricating Oil Refining Co. (Luberef) to implement KBR's proprietary Solvent Deasphalting (SDA) Technology, ROSE(R), for Luberef's Yanbu Refinery Expansion Project in Saudi Arabia.

Saudi Aramco Subsidiary Launched for Refined Products Trading
The Saudi Arabian Oil Company (Saudi Aramco) has established Saudi Aramco Product Trading Company (Aramco Trading), a wholly-owned subsidiary, to maximize downstream integration and generate value by leveraging its growing global system.

KBR Awarded FEED and Project Management Services Contract by Saudi Aramco for the Jazan Refinery and Marine Terminal Project
KBR (NYSE: KBR) today announced that it has been awarded a contract by the Saudi Arabian Oil Company (Saudi Aramco) to provide front-end engineering and design (FEED), and Project Management Services (PMS) for its grassroots Jazan refinery, an anticipated 400,000 barrels per day (BPD) facility to be located in Jazan, Saudi Arabia.

Jacobs Receives Contract from Luberef
Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it was awarded a contract from Saudi Aramco Lubricating Oil Refining Co. (Luberef) to provide front-end engineering design (FEED) services to support an expansion project at its lube oil refinery in Yanbu, Saudi Arabia.

Technip awarded major contract for the Khafji Crude Related Offshore Projects
Technip has been awarded a lump sum engineering, procurement, fabrication, installation, commissioning and start-up contract, worth nearly USD400 million, by the Khafji Joint Operations (joint venture between Aramco Gulf Operations and Kuwait Gulf Oil Company), for the Khafji Crude Related Offshore Projects. The Khafji field is in the Neutral Zone between Saudi Arabia and Kuwait.