September 06 2023

Aramco Fuels Progress: $10 Billion Jafurah Gas Project Leaps Forward with Global Partnerships

Aramco Fuels Progress: $10 Billion Jafurah Gas Project Leaps Forward with Global Partnerships

Aramco, a leading name in the energy sector, has marked a significant milestone in its Jafurah gas project, valued at $10 billion. The company has successfully awarded five pivotal engineering, procurement, and construction (EPC) contracts, signaling a major leap in the project's second expansion phase.

The awarded contracts have been distributed among internationally acclaimed firms. Larsen & Toubro Energy Hydrocarbons from India has secured Package 1 and 3, with a combined value of $3.9 billion, focusing on the development of the gas processing plant and essential process and compression units.

South Korea's Hyundai Engineering has been selected for Package 2, a $2.4 billion project, which will concentrate on the utilities and offsites of the project.

Spanish company Tecnicas Reunidas has won the contracts for the Riyas natural gas liquids (NGL) packages. These contracts, worth about $3.2 billion, include the construction of NGL fractionation trains (Package 1) and the development of utilities, storage, and export facilities (Package 2).

These companies, now integral to the Jafurah project, are recognized as top contractors, featuring in Oil & Gas Middle East’s Top 25 EPC Contractors List.

Jafurah Field in Focus

The Jafurah field, known for being the largest liquid-rich shale gas play in the Middle East, contains an estimated 200 trillion scf of natural gas. This reserve is not only pivotal in reducing emissions but also plays a crucial role as a feedstock for sustainable future fuels.

Aramco initiated the Jafurah field development in November 2021, with the awarding of $10 billion in contracts, marking the start of the development of Saudi Arabia's most substantial non-associated gas resource.

The next phase of development at Jafurah includes constructing a facility capable of processing up to 2 billion cubic feet per day (cf/d) of raw gas. This phase will also see the creation of large gas compression facilities and essential units for NGL fractionation, enhancing the project's impact on the regional energy sector.