Aramco and TotalEnergies recently awarded Engineering, Procurement and Construction (EPC) contracts for the “Amiral” complex, a world-scale petrochemicals facility expansion located at the SATORP refinery in Saudi Arabia. The contracts were signed at a ceremony in Dhahran attended by Amin H. Nasser, Aramco President and CEO, and Patrick Pouyanné, TotalEnergies Chairman and CEO.
The award of EPC contracts for main process units and associated utilities marks the beginning of construction on this joint project, following the final investment decision in December 2022. The new petrochemical complex will be integrated with the existing SATORP refinery in Jubail and will house the largest mixed-load steam cracker in the Gulf. It is expected to produce 1.65 million tons of ethylene and other industrial gases per year.
This expansion is predicted to attract over $4 billion in additional investment across a range of industrial sectors, including carbon fibers, lubes, drilling fluids, detergents, food additives, automotive parts, and tires. Furthermore, it is anticipated that 7,000 direct and indirect jobs will be created within the country.
Aramco and Total Energies Partner for SATORP Expansion Project
Aramco and TotalEnergies are celebrating their almost five-decade-long partnership with the latest SATORP expansion project. This collaboration is part of Aramco’s growth strategy aimed at creating value-addition opportunities in Saudi Arabia’s downstream ecosystem.
The two companies express their gratitude to the Ministry of Energy and Ministry of Investment for their unparalleled support via the Shareek program, which made this multi-billion-dollar project a reality.
Patrick Pouyanné, Chairman and CEO of TotalEnergies, marvels at this “landmark” and sees it as an opportunity to continue building on the exemplary relationship that has existed between the two companies for several decades in Saudi Arabia.
The EPC contracts have been awarded to industry leaders who will bring their expertise to the table.
TotalEnergies Partners with Various Companies for Petrochemical Projects
TotalEnergies, a leading multi-energy company, will be working with several companies to develop petrochemical projects in the Middle East. The partners include Hyundai Engineering & Construction Co. Ltd, Maire Tecnimont, Sinopec Engineering Group Saudi Co. Ltd, Gulf Consolidated Contractors Co., Mohammed Ali Al-Suwailem Trading and Contracting Co., Mofarreh Marzouq Al Harbi and Partners Co. Ltd, and Mobarak M. AlSalomi and Partners for Cont. Co.
The project will involve the construction of a mixed feed cracker and utilities with a nameplate capacity of 1,650 kta of ethylene and related industrial gases, as well as utilities, flares, and interconnecting systems. Maire Tecnimont will handle the construction of two polyethylene units that use Advanced Dual Loop technology, with a nameplate capacity of 500 kta each, and the derivative units.
Sinopec Engineering Group Saudi Co. Ltd will be responsible for the Tank Farm and SATORP integration, while Gulf Consolidated Contractors Co. will handle the transfer pipelines. Mohammed Ali Al-Suwailem Trading and Contracting Co. will build the industrial support facilities, and Mofarreh Marzouq Al Harbi and Partners Co. Ltd will prepare the site for construction. Mobarak M. AlSalomi and Partners for Cont. Co will be responsible for the temporary construction facilities.
TotalEnergies’ commitment to sustainable development is evident in all its projects and operations, which aim to deliver energy that is affordable, clean, reliable, and accessible to as many people as possible. The company operates in nearly 130 countries and has over 100,000 employees worldwide.
About TotalEnergies
TotalEnergies is a multi-energy company that produces and markets a range of energies, including oil, biofuels, natural gas, green gases, renewables and electricity. The company has over 100,000 employees and operates in nearly 130 countries. TotalEnergies is committed to sustainable development in all its projects and operations to contribute to the well-being of people.
About Aramco
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Cautionary Note
TotalEnergies: A Forward-Looking Company
The TotalEnergies SE and its consolidated entities are at the forefront of the energy industry. In this document, the terms “TotalEnergies”, “TotalEnergies company,” or “Company” refer to the organizations directly or indirectly controlled by TotalEnergies SE.
The entities in which TotalEnergies SE owns a shareholding are independent legal bodies. This document may contain forward-looking information and statements based on several economic data and assumptions made in a given economic, competitive, and regulatory environment. It is important to note that they may prove to be inaccurate in the future, and are subject to various risk factors.
TotalEnergies SE and its subsidiaries assume no obligation to update publicly any forward-looking information or statement, objectives or trends contained in this document whether as a result of new information, future events, or otherwise. Information concerning risk factors that may affect TotalEnergies’ financial results or activities is provided in the most recent Registration Document filed by TotalEnergies SE with the French securities regulator Autorité des Marchés Financiers (AMF) and the Form 20-F filed with the United States Securities and Exchange Commission (SEC).
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Source: TOTALENERGIES SE Copyright Business Wire 2023.
