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KBR wins contract to develop COTC complex in Saudi Arabia
03
May '18
KBR wins contract to develop COTC complex in Saudi Arabia
KBR, Inc, a global provider of differentiated professional services and technologies, has bagged a contract from Saudi Arabian Oil Company (Saudi Aramco) and SABIC as the second Project Management Contractor (PMC) to provide Pre-FEED, FEED and Program Management Services to develop the world’s largest fully integrated crude oil to chemicals (COTC) complex.

The project, which will be located in Saudi Arabia, will be executed from KBR’s Houston, Al-Khobar and Chennai offices and is expected to continue through to the start-up of the facility in 2025.

The COTC complex will be based on advanced refining technologies, innovative process configurations and proven conversion technologies that will create a fully integrated petrochemical complex which maximises chemicals, further diversifying the petrochemical feedstock mix in the Kingdom.

“We understand the strategic importance of the long term investment that Saudi Aramco and SABIC are undertaking in this project and the pivotal role that KBR will have in the overall success of this important programme,” said Stuart Bradie, KBR president and CEO, in a press release.

“Given the rapidly changing economic environment we are faced with today, it has never been more important to create meaningful jobs for the growing Saudi population,” said Jay Ibrahim, president of KBR Europe, Middle East, Africa and Asia-Pacific.

The award reinforces KBR’s position as a market leader in the hydrocarbons industry with a long track record of delivering across all phases of refining and petrochemical mega-projects. (RKS)

Fibre2Fashion News Desk – India


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