Foster Wheeler Awarded FEED Contract by Saudi Aramco/Sumitomo

Foster Wheeler Energy has been awarded a Program Management Services contract by Saudi Aramco and its partner, Sumitomo Chemical Co., Ltd. of Japan, for the planned development of a large, integrated refining and petrochemical complex at the Red Sea town of Rabigh, Saudi Arabia.

Under the scope of the contract, Foster Wheeler will undertake the 12-month Front-End Engineering Design (FEED), develop capital and operating cost estimates and prepare bid packages.

Once implemented, the proposed multi-billion dollar Rabigh Project would be one of the largest integrated complexes ever to be built at one time. A total of 2.2 million tons of olefins, along with large volumes of gasoline and other refined products, would be produced. Saudi Aramco's existing topping refinery and infrastructure at Rabigh will serve as the base platform for the development of the proposed complex.