Construction

Indian EPC giant Essar secures Saudi Aramco’s $54mn contract

Construction and upgradation work to be undertaken at Abqaiq Plant in Shaybah, Saudi Arabia

PHOTO: Credit:

RELATED ARTICLES: Saudi Aramco to construct 11 stadiums across Saudi Arabia | Rattled construction sector in Iraq awaits new government for stability | Indian tycoon to invest $1bn into Dubai real estate sector

The hydrocarbon business unit of Essar Projects, an Indian EPC contractor has been awarded Saudi Aramco’s project worth $54 million to upgrade a crude stablisation unit at Abqaiq Plant in Shaybah, one of the largest oilfields in the world.

Essar’s operations at the plant include engineering, procurement and construction of a crude tank, and the replacement of crude pumps and associated civil, pimping, electrical and instrumentation facilities.

“This contract is a reflection of our capability to undertake global projects from reputed clients in this region,” Amit Gupta, CEO of Essar’s hydrocarbon business unit said. “We will leverage the capabilities gained to enhance our foot print in other Middle East countries.”

Project completion is due within 29 months.

Saudi Aramco also recently undertook a government project involving the construction of 11 sports stadiums across various provinces in the country. The stadiums, due for completion by 2017, are expected to accommodate 45,000 spectators each, and will likely be constructed by local Saudi Arabian contracting firms.

0 0 vote
Article Rating

Comments

Most Popular

To Top