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Essar bags $54m contract from Saudi Aramco

: Saturday, August 09 - 2014 @ 08:51

The Hydrocarbon SBU of Essar Projects has secured a $54m maiden contract from Saudi Arabian national oil company Saudi Aramco. The project involves the upgradation of a Crude Stabilization Unit at Aramco’s Abqaiq Plant, in Shaybah, one of the largest oilfields in the world, Trade Arabia has reported. The scope of work includes engineering, procurement and construction of a crude tank, replacement of crude pumps and associated civil, piping, electrical and instrumentation facilities. The project is scheduled to be completed in 29 months. “This contract is a reflection of our capability to undertake global projects from reputed clients in this region. We will leverage the capabilities gained to enhance our foot print in other Middle East countries,” Amit Gupta, CEO of Hydrocarbon SBU was quoted as saying.

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Saturday, August 9- 2014 @ 8:51 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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