Engineering, procurement and construction deal is French firm’s second in a month in the region
Al-Jubail Petrochemical Company (KEMYA), a joint venture between Saudi Basic Industries Corporation (SABIC) and Exxon Chemical Arabia, an affiliate of ExxonMobil Chemical Company, has awarded Technip the engineering, procurement and construction (EPC) contract of an Halobutyl facility in Al-Jubail, Saudi Arabia.
Technip said its operating centre in Abu Dhabi will execute the contract. The new facility is part of KEMYA’s Saudi Elastomers Programme, which is aimed at establishing a world-scale specialty elastomers facility to serve local markets, the Middle East and Asia.
“This contract reinforces Technip’s leading position in the petrochemical business and in Saudi Arabia, where we have been present for more than 30 years,”said Arturo Grimaldi, senior vice president of Technip Middle East Region.
The deal is Technip’s second this month in the region, after the French firm secured a contract with UAE-based National Petroleum Construction Company (NPCC) to build an offshore oil field for Abu Dhabi’s Zakum Development Company (Zadco).