South Korea-based Hyundai Engineering & Construction (Hyundai E&C) has won a $735M contract from Saudi Aramco to construct a gas processing plant in Saudi Arabia.
The facility will be located in Uthmaniyah, 325km east of the Saudi capital of Riyadh, and will have a capacity to process 1.4bn standard cb ft of gas daily.
According to Hyundai E&C, this contract is expected to be a catalyst to winning more bids in the Middle East as low oil prices slow new construction projects.
The project is expected to be complete at the end of 2019.
* Data provided by Timetric's Construction Intelligence Center.
