BUSINESS 1 1 5

PROJECT WATCH – SAUDI ARABIA* COMPANY NEWS

PROJECT NAME
Amiral Petrochemical Complex - Package 3 - High-Density Polyethylene Plant
FACILITY
Oil Field Development
BUDGET
800,000,000.00
STATUS
Construction Enersol to acquire EV Holdings
Dorra Gas Field Development (Shelved) Gas Compression 1,000,000,000.00 Construction
ENERSOL, an Adnoc Drilling services by leveraging a range
Fuel Bunkering Station Gas Processing 5,000,000,000.00 Construction
Gas Storage Facilities Crude Oil Terminal 102,000,000.00 EP
and Alpha Dhabi Holding joint of solutions that resolve highly
Haradh Hydrocarbon Field Development and GOSP Development Drilling & Production 140,000,000.00 EPC ITB venture, has agreed to acquire complex wellbore issues across
Jubail Synthetic Rubber Plant Development Drilling & Production 1,000,000,000.00 Construction a 100 per cent equity stake in the well lifecycle.
King Fahad International Airport - Private Aviation Terminal Gas Treatment Plant 1,200,000,000.00 Construction EV Holdings (EV) for about $45 In FY2024 EV has delivered
King Hamad Causeway - Saudi - Bahrain Link Natural Gas Liquefaction (NGL) 2,200,000,000.00 EP million from UK-based private strong financial performance,
King Khalid International Airport - Overview Development Drilling & Production 1,700,000,000.00 Construction equity firm, Dunedin. with revenue over $30 million,
LandBridge Rail Link Gas Field, Gas Oil Separation Plant (GOSP) 300,000,000.00 FEED With corporate headquarters supported by a significant con-
Marjan Field Expansion - Package 9 - Inlet Storage and Compression Facilities Development Drilling & Production 1,000,000,000.00 Construction in the US, EV is a leading global tribution from the Mena region.
Marjan Field Expansion - Package 11 - Natural Gas-to-Liquids (NGL) Recovery Gas Pipeline 500,000,000.00 Construction provider of vision-based diag- It also delivered a robust
Marjan Field Expansion - Package 12 - Utilities Flare and Pipe Rack Facilities Development Drilling & Production 1,000,000,000.00 Construction nostics and analytics services EBITDA margin, and is expected
Master Gas System Expansion - Phase 3 - Package 1 - Booster Gas Compression Gas Field 7,000,000,000.00 Construction for the oil and gas sector. The to yield free cash flow of more
Moyeath Copper & Zinc Processing Plant Development Drilling & Production 1,000,000,000.00 Construction company has a global footprint than 10 per cent going forward.
Neom Desalination Plant to Gayal Water Transmission Pipeline Oil Field, Gas Field 7,000,000,000.00 Construction with a presence in 36 countries, The acquisition serves as a
Offshore Maintain Potential Programme - CRPO 98 Gas 68,262,041.00 EP including the UAE and Saudi milestone in building Enersol’s
Offshore Maintain Potential Programme - CRPO 114 Gas Pipeline 47,000,000.00 EP Arabia. next-generation technology eco-
Offshore Maintain Potential Programme - CRPO 121 Hydrogen 300,000,000.00 EPC ITB EV provides well diagnostics system.
Offshore Maintain Potential Programme - CRPO 124 (Marjan Gas Field Phase 3) Gas Treatment Plant 1,200,000,000.00 EP
Offshore Maintain Potential Programme - CRPO 136 Base Oil 150,000,000.00 EP
Offshore Maintain Potential Programme - CRPO 76 Gas Processing 2,500,000,000.00 Construction
Offshore Maintain Potential Programme - CRPO 85
Offshore Maintain Potential Programme - Safaniya Field Incremental Oil Production
Gas Field
Gas Treatment Plant
1,500,000,000.00
4,000,000,000.00
Construction
EP NMDC adopts new brand name
Offshore Maintain Potential Programme - Safaniya Field Incremental Oil Production Gas Terminal, Gas Treatment Plant 1,200,000,000.00 Construction
Offshore Maintain Potential Programme - Safaniya Field Incremental Oil Production Gas Processing 500,000,000.00 Construction NMDC Group, formerly National of Directors, stated: "The new
Offshore Maintain Potential Programme - Safaniya Field Incremental Oil Production Gas Pipeline 500,000,000.00 Construction Marine Dredging Company, has name demonstrates our readi-
Oxagon - Port of Neom Development Drilling & Production 800,000,000.00 Construction officially adopted its new brand ness for global growth and
Petrochemical Plant Natural Gas Liquefaction (NGL) 1,000,000,000.00 Construction name. competition in line with our
Phosphate 3 Complex - Phase 1 - Package 1 - Sulfuric Acid Plant, Phosphoric Acid Plant Development Drilling & Production 3,500,000,000.00 FEED ITB The change comes upon re- strategies and future financial
Propane Dehydrogenation (PDH) and Polypropylene (PP) Complex Development Drilling & Production 1,000,000,000.00 Construction ceiving the commercial license, goals, creating sustainable op-
Ras Tanura Oil Terminal Upgrade Oil Field, Gas Field 7,000,000,000.00 Construction and the completion of all the portunities for our partners and
Riyadh Metro - Phase 2 - Line 2 Extension Gas Compression 1,200,000,000.00 EP necessary legal procedures for shareholders and enhancing our
Riyadh Second Southern Ring Road - Overview Hydrogen 300,000,000.00 FEED ITB the rebranding process, which financial performance and mar-
Royal Commission for Riyadh City - Riyadh Metro - Phase 1 - Package 3 - Lines 4-6 Gas Oil Separation Plant (GOSP) 1,700,000,000.00 Construction began in October 2023. ket value both locally and glob-
Safaniya Field Incremental Oil Production - CRPO 108 Gas Processing 1,000,000,000.00 EP This change further confirms ally.”
Unconventional Gas Program - Jafurah Gas Field Development - Phase 1 - Jafurah Natural Gas Liquefaction (NGL) 1,000,000,000.00 EP the Group’s commitment to a Yasser Zaghloul, CEO of NMDC
Unconventional Gas Program - Jafurah Gas Field Development - Phase 1 - Jafurah Gas Oil Separation Plant (GOSP) 5,000,000,000.00 Construction future based on clean energy, Group, commented: "This re-
Wellbeing Project - Green Riyadh - TSE Network Group 16 Development Drilling & Production 1,000,000,000.00 EP as reflected in the renaming of flects on our performance in
Wellbeing Project - Green Riyadh - TSE Network Group 3 Gas Pipeline 47,000,000.00 EP its subsidiary from ‘NPCC’ to local and global markets and
Yanbu Growth II Expansion Project Gas 91,167,156.00 EP ‘NMDC Energy’, in line with the aspirations for the future, en-
Yanbu Linear Alkyl Benzene (LAB) Plant Expansion Gas Pipeline 47,000,000.00 EP “UAE Centennial 2071” vision. suring high competitiveness in
Zuluf Oilfield Expansion - Offshore Package 4 - Wellhead Topsides & Oil Tie-in Platforms Development Drilling & Production 6,000,000,000.00 Construction Mohamed Alrumaithi, all mega projects executed and
resized advert [Link] 1 8/31/2016 [Link] AMChair-
EP: Engineering & Procurement *Sources: DMS Projects man of NMDC Group's Board developed by the Group."

Zuluf Oilfield Expansion - Package 1*

Name of Client : Saudi Arabian Oil Company halls, mosques, and guard houses.
(Aramco)
Estimated Budget : $1,300,000,000 Project Scope
Revised Budget : $2,000,000,000 The project scope encompasses the onshore construc-
Facility Type : FPF (Field Processing Facility) tion work of processing facilities, which includes the
Sector : Exploration & Upstream Production installation of two gas-oil separation trains, each with
Main Contractor : JGC Corporation a capacity of 300,000 bpd, a produced water-oil sepa- REGIONS COVERED
Location : Zuluf, Saudi Arabia ration plant, chemical injection skids, a crude shipping
• Asia Pacific • North America • East Africa • India
Award Date : 2022-Q2 facility, gas compression systems, treatment facilities, • Middle East • Central America • North Africa • China
laying of pipelines, installation of security systems, a • Latin America • Russia & CIS • West Africa • Europe
Background hydrocarbon processing facility, and a crude storage
Aramco considers the expansion of Zuluf oilfield to facility.
SECTORS COVERED
boost production of Arabian Heavy crude. Zuluf Field, LSTK Denys Arabia scope is to detail design, procure
a super-giant oil field located in the Arabian Gulf, ap- and construct new facilities to deliver produced hy-
proximately 40 km offshore the north-east coast of drocarbons from the proposed ZCPF to its designated
Saudi Arabia, is undergoing expansion to increase its customers by installing several downstream pipelines.
Oil Gas Petrochemicals Water Power Infrastructure Industrial

production capacity. The oil field is present at a shal-

low water depth of approximately 40 m. The expansion Project Finance
project will increase the production capacity of the field Aramco is the project client. Refining Construction Pipeline Offshore Renewables Mining Fertilizer

from 800,000 barrels per day (bpd) of Arabian medium

crude oil to 1.4 million bpd of heavy crude oil. The Zu-
luf development will have onshore components split in
Project Schedules
Project Announced : 3Q-2017 SUBSCRIBE TODAY
packages. FEED : 4Q-2017
Contact us for further information A Division of
PMC : 4Q-2017
Project Status EP : 2Q-2022 • [Link]
• info@[Link]
As of August 2024, Noor Prefab Buildings has completed Construction : 3Q-2022 • Tel: +973 1740 5590
the delivery and installation of buildings, including mess Completion : 1Q-2025

[Link] SEPTEMBER 2024