VOL. XLVII

No 01

5-January-2004

SAUDI ARABIA

International Power/Saudi Oger Win Saudi Aramco Power/Steam Contracts

Saudi Aramco on 20 December signed an agreement with the UKs International Power and Saudi Oger for the establishment of cogeneration plants at four of its sites in the Eastern Province on a build, own, operate and transfer (BOOT) basis (MEES, 22 December 2003). Together they will produce 1,074mw of electricity and 4.4mn lb/hour of steam, involving an investment of more than SR2bn...