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The Saudi Arabian Oil Company ('Aramco') and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia. The 'Amiral' complex will be owned, operated, and integrated with the existing SATORP refinery located in Jubail on Saudi Arabia’s eastern coast.
Aramco and French energy group TotalEnergies have made the FID for the development of the proposed petrochemical facility in Saudi Arabia.
Dhahran/Paris, December 15, 2022 – The Saudi Arabian Oil Company (“Aramco”) and TotalEnergies have taken the final investment decision for the construction of a world scale petrochemical facility in Saudi Arabia.
Investegate announcements from TotalEnergies SE, Aramco and TotalEnergies to Build a Giant Petrochemical Complex in Saudi Arabia
Saudi oil giant Aramco has joined forces with TotalEnergies to build a world scale petrochemical facility in Jubail at an investment of $11 billion. The complex will boast a mixed feed cracker capable of producing 1.65 million T per annum of ethylene.