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WorleyParsons Awarded Project Management Services by Sipchem

Worley Parsons logoSaudi International Petrochemical Company (Sipchem) has awarded a Project Management Services Contract for its Phase III Olefins & Derivatives Complex to WorleyParsons.

This work will be to undertake front-end and detailed engineering and the project will be managed from WorleyParsons' offices in Houston, USA and Al-Khobar, Saudi Arabia. The approximate value of WorleyParsons' In Kingdom and Out of Kingdom contracts is US$ 250 million.

The entire complex, estimated to cost approximately US$ 8 billion, will consist of 20 world-scale plants. When the complex begins its operational phase late 2010, it will employ more that 3,500 personnel.

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Posted 16/11/06

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