Essar Projects Bags $54 mi Maiden Contract from Saudi Aramco

By Joseph R. Fonseca
Tuesday, August 05, 2014
Amit Gupta, CEO–Hydrocarbon SBU, Essar Projects,

 

The Hydrocarbon SBU of Essar Projects, a global EPC (engineering, procurement, construction) contractor, has secured its maiden contract from Saudi Aramco, the national petroleum and natural gas Company of the Kingdom of Saudi Arabia.

The USD 54-million EPC project involves the upgradation of a Crude Stabilization Unit at Aramco’s Abqaiq Plant, in Shaybah, one of the largest oilfields in the world. The scope of work entails engineering, procurement and construction 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.

Essar is already executing five other projects in the region in the hydrocarbon sector.

Commenting on the project, Amit Gupta, CEO–Hydrocarbon SBU, Essar Projects, says, “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 foot print in other Middle East countries.”

Essar Projects has the requisite experience in refinery projects having previously executed a world-scale grass-roots refinery at Vadinar, Gujarat, with an initial capacity of 10 MMTPA, which was gradually expanded to 14 MMTPA and then 20 MMTPA. It also executed the supporting infrastructure and facilities that include SBM for crude unloading, product jetty for refinery product export, a tank farm with total tankage of 3 million cubic metres for crude, products and intermediate and 77 MW of captive power plant.
 

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Energy

New Tidal Wave Energy Device Completes Sea Trials

In the continuing quest to harvest efficient, renewable energy from the power of the world’s tides, an organization called Sustainable Marine Energy’s announced

HHI to Build FSRU for Höegh LNG

A new Floating Storage and Regasification Unit (FSRU) will be built by the Korean shipbuilding Company Hyundai Heavy Industries (HHI). This FSRU will be the fifth

Asia Tanker, VLCC Rates Could Climb

Charterers to release 30 Middle East VLCC cargoes next week. VLCC market buoyed by upbeat Suezmax, Aframax sectors. Rates for very large crude carriers (VLCCs)

News

Bouchard Vessels Honored by SCA

Forty-three Bouchard Transportation Co., Inc. vessels have been honored by The Chamber of Shipping America (CSA) with Certificates of Environmental Achievement.

Cost to Fuel Ships Falls

For a ship that burns 24 tonnes of fuel per day while steaming, fuel costs are reduced by as much as $1 million a year if current price level stay put. Assuming

Video: Reefer RoRo Ship Design Rebooted

Expanding on the Reefer RoRo Ship design release in September last year, naval architects group Knud E. Hansen A/S has continued the development of the new Reefer RoRo Ship design with version II.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1017 sec (10 req/sec)