Aramco to award contract to expand bulk storage plants
09.30.2009 - NEWS
MEED quoted contracting sources close to the project as saying that local MS al Suwaidi Industrial Services Company is frontrunner to win the deal for the plants which will serve as oil distribution points across the kingdom.

At least 12 firms submitted bids for the deal by the June 28th 2009 deadline. Aramco pushed back the deadline from the original date of June 7th 2009 after contractors asked for more time to prepare their bids.
The lump sum procure and build contract includes 4 plants in the northwest of the kingdom Duba, Jouf, Tabuk and Turaif and 4 in the southwest Abha, Rabigh, Jizan and Yanbu.
The contract also covers the Qatif and Hasa bulk plants in the Eastern Province and the Qasim and Sulayyil plants in the central region. The winning contractor will increase the petroleum, diesel and fuel oil storage capacities at the plants. However, the scale of the upgrade is not known.

Australia's Woodside Energy Makes Liz Westcott Its Permanent CEO
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Australia’s Woodside Energy on Wednesday named Liz ​Westcott as... Read More
US Lends Oil Companies 45.2 Mln Barrels from Reserve, First Batch of Iran War
03.23.2026 - NEWS
March 23, 2026 [Reuters]- The Trump administration said on Friday it ​has lent 45.2 million bar... Read More
China's Sinopec Posts 36.8% Drop in 2025 Net Profit on Weak Petrochemical Margins, New Energy Substitution
03.23.2026 - NEWS
March 23, 2026 [Reuters]- China Petroleum & Chemical Corp , known as Sinopec, reported a 36.8... Read More
Saudi Aramco Cuts Oil Supply to Asia for Second Month in April
03.23.2026 - NEWS
March 23, 2026 [Reuters]- Saudi Aramco, the world’s top oil exporter, has cut crude supply ... Read More