Wood Group awarded contract for $20bn crude oil to chemicals complex in Saudi ArabiaStaff Writer | March 9, 2018
Wood Group has been selected to develop the world’s largest fully integrated crude oil to chemicals (COTC) complex in the Kingdom of Saudi Arabia, on behalf of Saudi Aramco and SABIC as the first PMC contractor.
Oil exploration Front end engineering design
The contract is expected to continue through to the start of operations, forecast for 2025. It will be executed from Wood’s Reading and Al-Khobar offices.
Robin Watson, Wood’s chief executive: “We are proud to have been selected to be a contractor with Saudi Aramco and SABIC to deliver this significant greenfield onshore facility that will be a first for Saudi Arabia and among the first in the world to integrate the refinery and chemical process in this way.“ ■