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JGC wins Rabigh II deal worth up to USD 200 million
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Tuesday, 14 Aug 2012
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JGC Corporation of Japan has signed a deal worth up to USD 200 million at the Rabigh II petrochemical complex owned by Aramco and Sumitomo Chemical.

The company has landed a deal to expand an ethane cracker at the site. The unit known as RP1 will cost between USD 100 million and USD 200 million to build.

Aramco and Sumitomo have taken longer than expected to pick contractors for the Rabigh II petrochemical expansion project which is expected to cost around USD 7 billion.

Among those to have landed with on the project so far are the UK's Petrofrac, Daelim Industrial and GS Engineering of South Korea and Italy's Saipem.

Source - Construction Week Online

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