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Samsung Awarded Huge Feedstock Plant Contract by Saudi Aramco

2:34 AM MDT | March 22, 2011 | Natasha Alperowicz

Samsung Engineering has been awarded a $2.76-billion contract by Saudi Aramco to build a natural gas liquids (NGL) complex at Shaybah, Saudi Arabia. The facility is expected to secure feedstock supplies for Saudi Arabia's hydrocarbon industries. The complex will produce 750,000 bbl/day of oil, process 2,400 million standard cu feet/day of gas, and recover 200,000 bbl/day of NGL. Samsung Engineering will provide engineering, procurement and construction services for all four units within this complex on a lump-sum turnkey basis. Package 1 covers the inlet and...

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