VOL. XLVII

No 09

01-March-2004

SAUDI ARABIA

HHI Wins Saudi Aramco Power/Steam EPC Contract

Hyundai Heavy Industries (HHI) announced on 23 February that it had been awarded a $420mn engineering, procurement and construction (EPC) contract covering four cogeneration plants with the capacity to supply Saudi Aramco with 1,074mw of power and 4.4mn lb/hr of steam. HHI will be responsible for installing and commissioning the plants. In December last year Saudi Aramco signed an agreement with the UKs...