Time: July 23, 2018
McDermott International, a premier, fully integrated provider of technology, engineering and construction solutions, said it has won a major contract for building 23 storage tanks at the Jubail United Petrochemical Company (JUPC) plant in Saudi Arabia.
The project also involves Samsung Engineering Saudi Arabia and CB&I, a major provider of technology and infrastructure for the energy industry, which will see Ethylene Oxide (EO)/Ethylene Glycol (EG) storage tanks at the Jubail plant.
The fixed lump sum contract encompasses the engineering, procurement and fabrication of 23 CB&I storage tanks and modification of two existing tanks.
Work on the project will predominantly be executed from Saudi Arabia utilizing McDermott’s local capabilities and facilities, said the statement from the company.
“McDermott and Samsung have a long track record of successful collaboration and safe execution in the Middle East,” said Linh Austin, the senior VP for Middle East and North Africa.
“Our extensive experience in Saudi Arabia combined with our unparalleled technical competency in the storage sector uniquely position us to deliver this project,” stated Austin.
McDermott said it had significantly expanded its service offering after combining with CB&I earlier this year.
The combination brought together more than 200 years of experience in the energy sector and positioned McDermott as one of the few companies in the world to offer fully integrated, end-to-end offshore, upstream and downstream solutions across the entire energy value chain, it added.