News tagged "Saudi aramco"

Ineos to build three plants within Saudi Arabia's Jubail 2 complex

Ineos to build three plants within Saudi Arabia's Jubail 2 complex

4th June 2019

According to *Constructionweekonline news report, UK chemicals company Ineos signed a memorandum of understanding with Saudi Aramco and France’s Total to build three plants within Saudi Arabia's Jubail 2 complex in a $2bn (SAR7.5bn) investment, adding that the location would give the company access to competitive raw materials and energy and solid infrastructure.[..]

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Saudi Aramco IPO to go ahead by 2021

Saudi Aramco IPO to go ahead by 2021

7th March 2019

According to *Arabian Business news report, Saudi Aramco, the world’s biggest oil company, is expected to launch its long-awaited initial public offering within two years, an Arab newspaper reported, citing comments from Khalid A. Al-Falih, the minister of energy, industry and mineral resources.[..]

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McDermott wins two EPCI contracts from Saudi Aramco

McDermott wins two EPCI contracts from Saudi Aramco

26th February 2019

According to *Constructionweekonline news report, Texas, US-based contractor McDermott slipped into the red with a $2.7bn full-year loss for 2018, but is off to a strong start in 2019 after announcing it has won two engineering, procurement, construction, and installation (EPCI) contracts from Saudi Aramco.[..]

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Saudi Aramco awards two EPC contracts to Saipem

Saudi Aramco awards two EPC contracts to Saipem

21st January 2019

According to *Constructionweekonline news report, state-owned energy giant Saudi Aramco has awarded two engineering, procurement, and construction (EPC) contracts to Italian oil and gas heavyweight Saipem.[..]

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Sadara Chemical Company signs agreement to build industrial waste to energy facility in PlasChem Park

Sadara Chemical Company signs agreement to build industrial waste to energy facility in PlasChem Park

14th December 2018

According to *Tradearabia news report, Sadara Chemical Company, a joint venture between state oil giant Saudi Aramco and The Dow Chemical Company, said it has signed an agreement with Veolia Middle East, a Paris-based group and world leader in resource management and recovery, for the construction and operation of a sustainable industrial waste to energy facility in PlasChem Park, the unique industrial park adjacent to the Sadara Chemical Complex.[..]

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No data stolen after Saipem suffered cyberattack

No data stolen after Saipem suffered cyberattack

12th December 2018

According to *Constructionweekonline news report, no data was stolen after Saudi Aramco and Duqm Refinery contractor Saipem suffered a cyberattack on 10 December. Some of its servers were attacked and data back-ups are safe, but it could take several days to restore the compromised network, a spokesperson for the engineering, procurement, and construction (EPC) heavyweight told Construction Week. [..]

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Saudi Arabia’s Crown Prince unveils King Salman Energy Park (Spark)

Saudi Arabia’s Crown Prince unveils King Salman Energy Park (Spark)

11th December 2018

According to *Constructionweekonline news report, Saudi Arabia’s Crown Prince, HRH Mohammed Bin Salman, unveiled King Salman Energy Park (Spark), a Saudi Aramco megaproject, on 10 December, 2018. Spark will generate 100,000 direct and indirect jobs and contribute up to $6bn (SAR22bn) to the kingdom’s gross domestic product by 2035, in line with the Saudi Vision 2030 programme.[..]

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