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Qatar’s Barzan Becomes World’s Largest 2011 Project Financing
...d and Phase 3 another 2.5bn cfd. Start-up is earmarked for 2014 and it is expected to ramp up to produce at least 100,000 b/d of condensate as well as 1.4bn cfd of gas. The main engineering procurement and construction (EPC) contractors are Japan’s JGC (onshore) and South Korea’s Hyundai Heavy In...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011 -
SAFCO Awards Saipem Contract For Jubail Fertilizer Plant
...2bn ($533mn). The plant is expected to start commercial production in the third quarter of 2014. SAFCO will utilize its own resources to finance the project, according to SABIC’s Chairman and CEO and SAFCO’s Chairman, Muhammad al-Mady. The new project, he said, “will strengthen SAFCO’s operational pe...
Volume: 54Issue: 51Published at Mon, 19 Dec 2011