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New Delhi: SAMSUNG E&A, an engineering solutions and project management company, announced it had a contracts signing ceremony for the $6 billion contracts for Fadhili Gas Increment Program from Aramco.
The contracts signing ceremony in Dhahran, Saudi Arabia was attended by Wail Al Jaafari, Aramco EVP of Technical Services, Yahya A. Abushal, Aramco SVP of Upstream and Downstream Project Management and other senior management as well as Hong Namkoong, President and CEO of SAMSUNG E&A.
The Fadhili Gas Increment Program objective is to expand the capacity of the existing Fadhili Gas Plant located 350 km northeast of Riyadh, the capital of Saudi Arabia. SAMSUNG E&A will execute packages for Gas Treatment Unit and Utilities and Offsites.
Once the project is completed, the daily gas throughput will increase from the existing 2.5 billion cubic feet (2,500 MMSCFD) to 3.8 billion cubic feet (3,800 MMSCFD). The company will independently carry out the EPC process.
SAMSUNG E&A won this project following the Jafurah Gas Treatment Project received in 2021. Both the projects are among Saudi Arabia’s most representative gas projects.
Saudi Arabia is working on Vision 2030 to raise gas production and distribution capacity in order to reduce dependence on oil and respond to electricity demand due to industrial growth and population growth.
The country plans to continue investing in the building of gas plants, and SAMSUNG E&A said it will actively participate and continue to receive linked contracts.
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