Tecnicas Reunidas

Saudi Aramco in Q4 2016 awarded Spanish engineering and construction major Tecnicas Reunidas a contract – estimated to be between $1.5bn to $1.8bn in value – to build a clean fuels unit at its Ras Tanura refinery in Saudi Arabia. Tecnicas Reunidas has been working in Saudi Arabia since 2003 and has been involved in 10 refining, petrochemical and gas projects; the latest contract only affirms Aramco’s confidence in the contractor. The Spanish company made its mark in the regional oil and gas sector in 2015, when it was awarded a $700mn contract by the Abu Dhabi Gas Industries (GASCO) for the construction of the Integrated Gas Development Expansion Project Package 3 in Abu Dhabi. This project is part of the ADNOC programme to produce 400mn cubic feet of additional gas from its offshore fields.