Middle East Economic Survey
VOL. LIV
No 19
9-May-2011
Contractors Prepare For Saudi Mega-Project Amid Mounting Uncertainty
Engineering firms are gearing up to bid to build the proposed $20bn petrochemical complex at Jubail 2 in Saudi Arabia, which brings together Saudi state oil firm Saudi Aramco and US petrochemicals firm Dow Chemical. However, the tender process is proving fraught, and a final investment decision (FID) is yet to be made.
The Dow/Saudi Aramco joint venture, the largest...
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