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Saudi International Petrochemical Company (Sipchem) has announced the award of a Project Management Services Contract for its Phase III Olefins & Derivatives Complex to orleyParsons.
This work will be to undertake front-end and detailed engineering and the project will be managed from our 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 than 500 personnel.
