JGC Holdings Corporation announced that its subsidiary in Saudi Arabia, JGC Gulf International Co., Ltd., signed a long-term (six-year) comprehensive agreement with Aramco for the brownfield projects on November 17th.
The agreement covers various engineering, procurement, and construction (EPC) works for upgrade/modification of existing oil and gas plants owned and operated by Aramco. Under this agreement, Aramco will award the contract through competitive bidding to one of the LTA contractors.
Plant modification work is extremely challenging, as it requires thorough knowledge of plant equipment configuration and location, incorporation of the latest technology into the design, as well as the planning and execution of a prompt and safe construction plan tailored to the plant's operating conditions.
Since its establishment, JGC Gulf has successfully completed a number of projects from clients in the Middle East, including Aramco, and JGC Gulf believes that its outstanding project execution capabilities are highly regarded.
JGC Gulf will continue to proactively seek orders for projects planned by Aramco based on the relationship of trust that the JGC Group has developed over many years with Aramco, and the JGC Group will contribute to the further development of Saudi Arabia by drawing on its accumulated EPC expertise and experience acquired through projects completed in Saudi Arabia as well as globally.
About JGC
JGC is a global engineering, procurement, and construction firm committed to delivering a complete range of project services to our clients, while providing safe and cost-effective project execution. Since its founding in 1928, JGC has executed some 20,000 projects across the globe for the refining, LNG, petrochemical, power, pharmaceutical, and mining industries. From conception to commissioning, we partner with our clients to deliver successful engineering, procurement, and construction programs.
About Saudi Aramco
Saudi Aramco is a leading global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world’s oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world.
“We are counting on the long-standing relationship between Saudi Aramco and SABIC on one side, and KBR on the other, to develop this preliminary engineering package for the world-class complex.” says Fahad E. Al-Helal, vice president of Project Management.