Samsung Engineering announced on Dec. 1 that it has signed a US$1.23 billion contract with Saudi Aramco for the Jafurah Gas Process Package #1 Project.
A contract signing ceremony was held at Al-Ghawar Hall of Aramco's main office in Dhahran, Saudi Arabia, on Nov. 29 (local time), in the presence of Saudi Arabian Minister of Energy Abdulaziz bin Salman, Saudi Aramco president and CEO Amin H. Nasser, and Samsung Engineering president and CEO Choi Sung-an.
The Jafurah project marks the first shale gas development in Saudi Arabia. Samsung Engineering's project is part of the Jafurah shale gas field development, located 400 km east of Riyadh, the capital of Saudi Arabia. The project is expected to be completed in 2025.
Samsung Engineering will build a gas treatment facility that will remove sulfur and other substances from 1.1 billion cubic feet of gas per day.
The company has extensive experience in constructing gas treatment facilities. It plans to fully apply its know-how and technology in carrying out the Jafurah project.