VOL. XLI

No. 41

12-October-1998

SAUDI ARABIA

Aramco Delays Rabigh Refinery Upgrade Project As BudgetReview Widens

It appears that yet another project has fallen victim to SaudiAramcos ongoing capital spending review. This time, MEES understands, thecasualty is Saudi Aramcos Rabigh upgrading project, which is itself a radicallyscaled-down version of the ambitious project contemplated previously. The delay comesafter contractors submitted bids for two construction packages related to the venture...