Middle East Economic Survey
Luberef Awards Yanbu' Refinery Expansion Design Contract To Jacobs
Riyadh-based Saudi Aramco Lubricating Oil Refining Company (Luberef) announced on 30 January that it had awarded US firm Jacobs Engineering the design contract for an expansion of its Yanbu' refinery. Initial costs of the project, according to Luberef, would amount to approximately SR3.7bn ($987mn), representing the companys biggest project since 1997. Jacobs...