Oil Saudi
Oil and Gas Marketplace: middle east, arab gulf, Africa Oil and Gas

Compressors, Gas: News for Oil & Gas and Hydrocarbon Industries 

Products and vendors Services and providers Information Technology
  Home  |  Business Center  |  Career Center  |  News   |  Events   |  My Account

Aramco Close to Awarding Gas Project Contract to Tecnicas Reunidas
Source: Reuters 11/7/2017, Location: Middle East
Compressors, Gas

Saudi Aramco is close to awarding a contract to Spanish engineering group Tecnicas Reunidas, industry sources said. “TR received a letter of intent from Aramco,” said one of the sources.

Sources told Reuters last month that TR offered the lowest bids to build the gas compressor stations that will help boost gas supplies from Haradh and Hawiyah. The estimated bid value is about $2.3-2.4 billion, sources familiar with the matter said.

Tecnicas Reunidas has not yet signed the contract with Aramco. However, one of the sources said it was expected to do so in the following weeks.

Saudi Aramco did not respond to a request for comment, while no one at Tecnicas Reunidas could immediately be reached for comment.

Hawiyah and Haradh are part of Ghawar, the world’s largest onshore oilfield. Saudi Aramco plans to nearly double gas production to 23 billion standard cubic feet a day in the next decade as gas will play a key role towards a diversified energy mix.

Despite falling oil prices, Saudi Aramco is pushing ahead with energy projects that it has listed as a priority for the long term to keep the world well supplied with oil, while meeting domestic gas demand to fuel industrial growth.


Saudi Arabia Oil & Gas 1 >> Saudi Arabia Oil & Gas 2 >> Saudi Arabia Oil & Gas 3 >> Saudi Arabia Oil & Gas 4 >> Saudi Arabia Oil & Gas 5 >> Saudi Arabia Oil & Gas 6 >> Saudi Arabia Oil & Gas 7 >> Saudi Arabia Oil & Gas 8 >> Saudi Arabia Oil & Gas 9 >> Saudi Arabia Oil & Gas 10 >> Saudi Arabia Oil & Gas 11 >> Saudi Arabia Oil & Gas 12 >> Saudi Arabia Oil & Gas 13 >> Saudi Arabia Oil & Gas 14 >> Saudi Arabia Oil & Gas 15 >> Saudi Arabia Oil & Gas 16 >> Saudi Arabia Oil & Gas 17 >>

Related Categories: Compressors, Air  Compressors, Cylinders  Compressors, Gas  General 

Related Articles: Compressors, Air  Compressors, Cylinders  Compressors, Gas  General 



Saudi Aramco to Push Back Shutdown at Ras Tanura Refinery
Saudi Aramco Signs US$4.5B Agreements for Oil and Gas Megaprojects
Saudi Aramco Converts Jeddah Refinery to Products Distribution Hub
Aramco and SABIC Sign MOU for $20 Billion Oil-to-Chemicals Project
Natural Gas
Oil & Gas Companies
Oil Treating & Refining

Oil Saudi E-Marketplace - Subscription Packages - Benefits

Copyright © Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Contact Us