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Saudi Aramco awards contracts for Yanbu refinery

The new refinery to be built at Yanbu on Saudi Arabia's Red Sea coast.

July 28, 2010 1:28 by

State oil firm Saudi Aramco has signed multi-billion-dollar contracts to build a new refinery at Yanbu on Saudi Arabia’s Red Sea coast, industry sources said on Wednesday.

South Korea’s Daelim Industrial won two contracts to build a gasoline unit and a hydrocracker. South Korea’s SK Engineering won a contract to build a crude unit.

Spain’s Tecnicas Reunidas won a contract to build coking unit.

India’s Punj Lloyd also won a deal to build some offsite infrastructure and pipelines while Egypt’s Engineering for the Petroleum and Process Industries (ENPPI) would build a tank farm, the sources said.

(Reporting by Reem Shamseddine; Editing by Barbara Lewis)

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