July 27, 2018 [Oil Review Middle East] - McDermott International Inc has been awarded a contract from Samsung Engineering Saudi Arabia Company Ltd for engineering, procurement and construction (EPC) of CB&I storage tanks for the Jubail United Petrochemical Company (JUPC) ethylene oxide (EO)/ethylene glycol (EG) plant no three at Jubail
The contract comprises of the engineering, procurement and fabrication of 23 CB&I storage tanks and modification of two existing tanks and is expected to be worth between US$1mn and US$50mn.
Work on the project will predominantly be executed from Saudi Arabia utilising McDermott’s local capabilities and facilities.
Linh Austin, senior vice-president for the Middle East and North Africa, said, “McDermott and Samsung have a long track record of successful collaboration and safe execution in the Middle East.”
McDermott 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.
The work is expected to begin immediately and will be reflected in McDermott’s second quarter 2018 backlog.
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