Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia, the two companies said in a joint statement on Saturday.
“Aramco and TotalEnergies today awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion “Amiral” complex, a future world-scale petrochemicals facility expansion at the SATORP refinery in the Kingdom of Saudi Arabia,” the statement read.
Tags Reuters International News Agency Saudi Aramco TotalEnergies
Check Also
Iraq Finalizes Deal with Halliburton to Develop Nahr Bin Umar Oilfield
The director of the state-run Basra Oil Company (BOC), Bassem Abdul-Karim Al-Shamkhani, revealed on Thursday …