Target Engineering Construction Company, a subsidiary of Dubai contractor Arabtec Holding, has won a SAR 200 million (€46.6 million) contract to replace five storage tanks at Saudi Aramco’s Ras Tanura Refinery.
The 550,000 BPD refinery is located in Saudi Arabia’s Eastern Province. Target will replace three naphtha storage tanks at the site and two slop oil storage tanks.
‘We are delighted to be continuing to build our relationship with Saudi Aramco in the Kingdom of Saudi Arabia. In line with our strategy, this important award further builds the Group’s presence in the oil and gas sector,’ says Arabtec’s Group Chief Executive Officer, Wail Farsakh.