VOL. XXXIX

No. 38

17-June-1996

SAUDI ARABIA

Fluor Daniel Wins Contract For Yanpet's Expansion Project

The Saudi Yanbu' Petrochemical Company (Yanpet) has awarded Fluor Daniel of the US a contract to provide basic engineering and procurement services for the initial phase of a major expansion of the Yanpet complex in Yanbu'. The value of the contract for this phase is worth $50mn. Yanpet is a 50/50 joint venture between the Saudi Basic Industries Corporation (SABIC) and Mobil Yanbu'...