Saudi Aramco extends Jizan refinery bid deadline
Bidding now scheduled to close in mid-September for the 400,000bpd facility
Saudi Aramco has extended by one month the deadline to bid for construction of a new refinery in Jizan at the request of some contractors to prepare their engineering, procurement and construction (EPC) packages.
An industry source told Reuters that bidding has been rescheduled to close in mid-September for the 400,000 barrels per day (bpd) facility in the southern region of the Kingdom.
The state oil giant also expects to receive on September 1 bids for expansion of the Saudi Aramco Lubricating Oil Refining Company (Luberef) in Yanbu, which is estimated to cost around $1bn.
US Jacobs Engineering conducted Front-end Engineering and Design (FEED) for the expansion of the refinery, whose capacity will double once the project is completed in 2015.
