ESSAR Projects of India has bagged a multi-million-dollar maiden contract from Saudi national oil company Saudi Aramco.
“The $54-million engineering, procurement and construction (EPC) project involves the upgradation of a crude stabilisation unit at Aramco’s Abqaiq plant in Shaybah, one of the largest oilfields in the world,” said a spokesman for the Mumbai-based company.
The scope of work entails EPC of a crude tank, replacement of crude pumps and associated civil, piping, electrical and instrumentation facilities.
The project is scheduled to be completed in 29 months.
The contract was won by the Hydrocarbon SBU (strategic business unit) of Essar Projects, a global EPC contractor which is already executing five other projects in the region in the hydrocarbon sector.
Amit Gupta, the CEO of Hydrocarbon SBU, Essar Projects, said: “This contract is a reflection of our capability to undertake global projects from reputed clients in this region. We will leverage the capabilities gained to enhance our footprint in other Middle East countries.”