Aramco, TotalEnergies sign contracts for $11 billion Saudi complex
- Date: 25-Jun-2023
- Source: Jordan Times
- Sector:Oil & Gas
- Country:Saudi Arabia
Aramco, TotalEnergies sign contracts for $11 billion Saudi complex
DHAHRAN — Saudi Aramco and France's TotalEnergies on Saturday signed contracts to start building an $11 billion petrochemicals facility in the Gulf kingdom, the two companies said.
A signing ceremony for the engineering, procurement and construction contracts for the Amiral complex took place at Aramco's headquarters in Dhahran, in Saudi Arabia's Eastern Province.
The move "marks the start of construction work on the joint petrochemical expansion", Aramco and TotalEnergies said in a joint statement.