SATORPSaudi Aramco Total Refining and Petrochemical Company (Saudi Arabia)
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KBR, through a joint venture with Jubail-based AYTB, will deliver full-service maintenance services at the SATORP refinery.
He pointed out that part of the project of Sadarah and SATORP will be offered in the future to citizens, at prime cost.
Major operating companies attending the 2011 Middle East Downstream Week include: Saudi Aramco, SATORP, ADNOC, Takreer, ENOC, KNPC, Reliance, Sumitomo Chemical Asia, Total, Shell, BP, Oman Oil Marketing Company, Sabic and Aden Refinery Company among others.
Former CEO Said Al-Hadrami will lead a newly established Saudi Aramco subsidiary in Dhahran, site of the state company's headquarters, SATORP said.
Said al-Hadrami, a board member of Saudi Aramco Total Refining and Petrochemical Company (SATORP) replaces Salem Shaheen as president and chief executive of SATORP, sources said.
SATORP) met this week to see the latest progress on the SATORP conversion refinery in Jubail.
Zeyad Khoshaim added, "The completion of this transaction follows the successful closure of a number of high-profile Sukuk issuances in Saudi Arabia in recent months, including the issuances by Sipchem, SATORP, GACA and Almarai Company.
Credit Agricole CIB and Banque SaudiFransi have acted as financial advisorsto SATORP and Allen & Overy asSATORP's international and local legalcounsel.
YOKOHAMA, Japan -- Chiyoda Corporation ("Chiyoda")(TOKYO:6366)(ISIN:JP3528600004), Japan's leading engineering and construction firm, today announces that the Chiyoda group and Samsung Engineering group have contracted with SATORP, a joint venture of Saudi Aramco, a Saudi Arabian state owned oil company, and Total, a French Major, for the engineering, procurement, and construction (EPC) of a Coker Unit for Jubail Export Refinery Project.
He also drew the attention of the audience on the tremendous growth of Total in neighbouring countries (UAE, Jordan, Turkey and Egypt) and the company's keenness to strengthen its presence in Saudi Arabia through marketing of lubricants, as well as its partnership with Saudi Aramco in SATORP project in Jubail.
Also advising was Allen & Overy LLP (as international legal counsel to AATSC, SATORP and the sponsors) and Abdulaziz AlGasim Law Firm in association with Allen & Overy LLP (as local legal counsel to AATSC, SATORP and the sponsors).
49 billion from commercial financial institutions, SATORP had said.