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Saudi Aramco, Egyptian Company sign Contracts for Yanbu' Gas Project - ASHARQ AL-AWSAT English Archive
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Dhahran, Asharq Al-Awsat- Saudi Aramco and the Egyptian company “Engineering for Petroleum and Process Industries (ENPPI)” recently signed a lump-sum turnkey contract to further expand Saudi Aramco’s growing feedstock supply for the petrochemical industry.

The contract for the Yanbu’ Gas Plant Expansion (YGPE) covers the engineering, procurement and construction of the new de-ethanizer train and associated systems, according to a press release of Saudi Aramco issued yesterday.

“This is an important day in the history of ENPPI because we are now working with what may be the most important client in the world,” said Fahkry A. Eid, CEO of the Cairo-based company. “I give you my word that we will use our top engineers and best resources to get this job done well and ahead of schedule, with the required transparency.”

The primary objective of the project is to support the corporate strategy to maintain the ethane business demand growth, by providing facilities to process the additional C2+ NGL volumes generated from 2006-2010 Business Plan crude increments, as well as provide feedstock supply to the petrochemical industry at Yanbu’ Industrial and the PETRO-Rabigh complex.

Founded in 1978, ENPPI has completed more than 496 major projects, and 16 million work-hours of professional services for oil and gas, refining, petrochemical and general industry projects.

“This marks only the beginning of the challenge, but I feel totally confident that our capabilities and your high-caliber people will work together to bring this project to completion,” said Ali A. Al-Ajmi, vice president of Project Management.

“This also marks your entry into the Saudi Arabian energy sector, and I hope it will open the door for many business ventures to come,” he said.

The project will increase Yanbu’ Gas Plant ethane capacity from 390,000 barrels per day (bpd) to 585,000 bpd by installing a new de-ethanizer column system and ancillary equipment. A new 530,000 lb/hr high-pressure steam boiler and associated equipment and an operations building also will be provided under separate contract.

The project front-end engineering was the first project of its kind to be completed in-Kingdom under the Program Management Services Contract (PMS) plan. The project is scheduled to be completed by December 2008.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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