Sinopec Engineering Group Saudi Aramco Jafurah Riyas LNG Fractionation Unit EPC Project

Project Value：Approximately $3.35 billion (company share approximately $1.17 billion)

【Project Background】The Jafurah gas field operated by Saudi Aramco is Saudi Arabia's largest non-associated natural gas development project, located in the Eastern Province of Saudi Arabia. To achieve deep processing of natural gas, Saudi Aramco has initiated the construction of the Riyas LNG fractionation plant, which serves as the core downstream facility for the overall development of the Jafurah gas field.

【Role of Chinese Enterprises】Sinopec Refining & Chemical Engineering Group officially signed an EPC general contract with Saudi Aramco in June 2024, with a contract value of approximately $3.35 billion (the company's share in the consortium is approximately $1.17 billion).

【Scope of Services】L4 EPC general contract, covering the entire process of engineering design, equipment procurement, and construction for the LNG fractionation plant.

【Typical Significance】In the first half of 2024, the company's newly signed overseas contracts increased by 117.8% year-on-year, with overseas contracts accounting for 34% of total contracts. This project represents the largest single contract among them.

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FAQ

What are the differences in compliance requirements between chemical engineering projects in the Middle East and those in Southeast Asia?

Compliance requirements for chemical engineering projects in the Middle East and Southeast Asia vary significantly due to differences in regional policies, industrial foundations, and social environments. Key focus areas include environmental standards, safety certifications, and localization requirements, tailored to the industrial positioning and governance characteristics of each region.

For large-scale integrated refining and petrochemical projects, what specialized technical capabilities and project experience should suppliers possess?

In view of the scale, integration, and intensification characteristics of large petrochemical integrated projects, suppliers are required to possess full-process petrochemical integration capabilities, large-scale chemical engineering EPC general contracting expertise, and specialized technical capabilities for cross-border compliance implementation.

How to choose the right chemical engineering service provider?

Selecting a chemical engineering service provider requires a comprehensive multi-dimensional evaluation based on project type, scale, and implementation scenario, covering qualification standards, technical capabilities, and service systems. Priority should be given to verifying the provider's strength through resources of the Silk Road Chemical Engineering Service Platform, with particular focus on confirming successful project achievements in energy and chemical engineering to validate their actual delivery capability.

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