Aramco, TotalEnergies sign $11bn contract to build petrochemicals complex in Saudi Arabia
Business
Aramco, TotalEnergies sign $11bn contract to build petrochemicals complex in Saudi Arabia
(Reuters) - Saudi Arabian Oil Company (Aramco) and TotalEnergies have signed an $11 billion contract to start building a new petrochemicals complex in Saudi Arabia, the two companies said in a joint.
"Aramco and TotalEnergies today awarded Engineering, Procurement and Construction (EPC) contracts for the $11 billion "Amiral" complex, a future world-scale petrochemicals facility expansion at the SATORP refinery in the Kingdom of Saudi Arabia," the statement read.
