Jacobs Engineering Group Inc. JEC announced today that it was awarded a
contract from Saudi Aramco Lubricating Oil Refining Co. (Luberef) to provide
project management consulting (PMC) services for an expansion project at its
lube oil refinery in Yanbu, Saudi Arabia.
Officials did not disclose the contract value, however noted that the overall
expansion project cost is estimated at approximately $1 billion. Jacobs'
Leiden, Netherlands office is managing the overall project in collaboration
with Jacobs' offices in Al Khobar, Saudi Arabia and other locations.
Under the terms of the agreement, Jacobs is providing PMC services for both
inside battery limits (ISBL) and outside battery limits (OSBL). The ISBL
services include a new lube oil unit, a new sulfur complex, a new hydrogen
manufacturing unit, and an expansion of the propane de-asphalting unit. The
OSBL services involve all utilities, tanks and infrastructure.
The Yanbu Refinery expansion is expected to increase base oil production to
meet future demands for high quality GR-II and GR-III base oils; increase the
GR-I Bright stock to almost double current production; produce higher-value
byproducts (naphtha, diesel, and kerosene); and satisfy Kingdom requirements
for producing drilling fluid, which is currently being imported.
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