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Technip confirms wins two Jubail oilfield deals

Fri Jul 10, 2009 1:11am EDT

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PARIS, July 10 (Reuters) - French oil services company Technip (TECF.PA) confirmed on Friday it had won two contracts for work on the Jubail oil refinery being built by Saudi Aramco and France's Total (TOTF.PA) in Saudi Arabia.

Technip, and Spain's Tecnicas Reunidas (TRE.MC) were cited among the main contractors for the project in June, when Saudi Aramco and Total said they would invest $9.6 billion in building the refinery.

Technip said its two contracts -- engineering, procurement and construction of hydro and catalytic conversion process units, some utility units as well as the interconnecting network and process control system of the whole refinery -- were due to be completed in the second quarter of 2013.

Technip, which had already carried out engineering and design work on the refinery, did not say how much the contracts were worth.

For a full story on the Jubail project click on [ID:nLI230130] (Reporting by Helen Massy-Beresford; Editing by Hans Peters)



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