In February, SKEC
was awarded an EPC contract valued at $1.2bn (AED4.4bn) by Abu Dhabi National Oil Company (Adnoc) to construct the largest single storage facility in the emirate of Fujairah.
As part of the deal, three underground storage caverns, each with a capacity of 14 million barrels will be built deep below ground level, Adnoc said, adding that the Engineering, Procurement and Construction (EPC) contract awarded to SKEC
is the largest for a single project award for underground crude oil storage in the world.
V, Macan JS, Susac M, Jokic D, Brajdic D, Macan D: In- fluence of oral hygiene on oral health of recruits and profession- als in the Croatian Army.
La empresa SKEC
es la lider del consorcio y tiene a su cargo la ingenieria, construccion y financiemiento del proyecto; Siemens realiza la ingenieria de electricidad e instrumentos para unidades de modernizacion, en tanto que Tribasa se encarga de la construccion para la linea de crudo de larga distancia.
As part of itscontract, SKEC
will deliver front-end engineering design (Feed) services for the project, which with a capacity of 750 kilotons per annum, will come online in 2023.
The agreement was signed by Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC Group CEO, and Jae Hyun Ahn, SKEC
president & CEO, in the presence of Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Moon Jae-in, President of the Republic of Korea, at the Blue House, in Seoul.
South Korean National Assembly Speaker Chung Sye-kyun, who attended President Hassan Rouhani's swearing-in ceremony, oversaw the signing between SKEC
, Tabriz Oil Refining Company and National Iranian Oil Engineering and Construction Company (NIOEC).
Additionally, KBR signed a Memorandum of Understanding (MoU) with Magnolia LNG and Korea's SK E and C USA under which KBR and SKEC
agree to form a joint venture to execute engineering, procurement and construction of the initial two LNG production trains with provision for two additional trains.
Package A of the project was awarded to a consortium of the CEO Yu Tao-led China State Construction Engineering Corporation Middle East (CSCEC ME) and South Korea's SK Engineering and Construction (SKEC
) in March 2019.
In a relevant development earlier in August, South Korea's SK Engineering and Construction Co (SKEC
) signed a 1.6-billion-euro agreement with Iran to upgrade the country's Tabriz Oil Refining Company.
Name of client: Saudi Aramco -- Saudi Arabian Oil Company Budget: $500 million Facility type: Refinery Sector: Petrochemicals refining Status: EPC Location: Jizan Feed: KBR (Kellogg Brown & Root) PMC: KBR (Kellogg Brown & Root) Main contractor: SKEC
-- SK Engineering and Construction
UK chemicals company Ineos, which is investing $2bn (SAR7.5bn) in Saudi Arabia's Jubail 2 complex , has awarded South Korea's SK Engineering and Construction (SKEC
) a contract for a $3.4bn propane dehydrogenation (PDH) unit in Antwerp, Belgium.