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FINANCIAL NEWS
Aramco, Dow Chem grant Luor EPCM deal
06 Aug 2011
(MENAFN) Saudi Aramco and Dow Chemical granted luor Corp. a deal for conducting engineering, procurement and construction management (EPCM) services for all of the utilities and offsites at the Al-Jubail chemical complex, reported Arab News.
Sadara Chemical Company, a joint venture to be formed by Saudi Aramco and Dow, will own and operate the complex.
Ensuring that the utilities, offsites and infrastructure and interconnecting piping arrangements are timely is a vital component of this unprecedented project.
Fluor said its Alkhobar; Farnborough, UK; Manila, Philippines; and Houston offices will collaborate on delivering the contract requirements.
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