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Definition  GES+ is the acronym of General Engineering Services Plus. General Engineering Services Plus is an initiative led by Saudi Aramco to increase the local content of the engineering activities in Saudi Arabia Comments Saudi Aramco’s General Engineering Services Plus (GES+) initiative requires that the majority of its engineering services requirements be conducted in the Kingdom of Saudi Arabia in order […]

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Saudi Kayan, Sabic, Saudi Aramco, Dow, Sahara and Tasnee aligned to tender EPC Contract In January 2011, Saudi Kayan Petrochemical had signed a deal for equal partnership to build  a new n-butanol (NBA) plant at Al Jubail Industrial City. The deal was signed between Saudi Kayan, Saudi Acrylic Acid Co (SAAC) and Sadara, the Saudi Aramco-Dow […]

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Gazprom to study underground gas storage in China  Last May, China and Russia had terminated lengthy negotiations on their natural gas trading prices to drive the constructions of multiple gas pipelines between the two countries. China had made its best efforts to increase its offer from $0.235 per cm to $0.250 while Russia was ready to accept $0.300 per cm instead of $0.350. But the […]

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Shell and Mitsubishi to gather gas from Basra oil fields The Iraq Government has given its nod to the natural gas exploration deal signed between Shell from the Netherlands and Japan’s Mitsubishi Corporation (Mitsubishi). The project, which requires capital expenditure of around $17.2 billion, was initially signed in 2008. The joint venture,  Basra Gas Company (BGC) is state-controlled […]

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Ma’aden awards FEED and reconsiders PMC contracts Although the PMC contract for the Ma’aden Phosphate city project was intended to be awarded together with the FEED contract to Jacobs, Ma’aden has decided finaly to separate both contracts. Ma’aden Phosphate Company (MPC) is a joint venture with SABIC in which the Saudi Arabian Mining Company (Ma’aden) owns 70% and SABIC 30%. The Al Khabra Project, […]

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