JGC Corporation together with Marubeni Corporation and Saudi Aramco, have signed a contract to provide electric power and steam to three oil and gas complexes owned by the Saudi state-owned oil company Saudi Aramco. The complexes are located in Eastern Saudi Arabia, in the Abqaiq, Hawiyah, and Ras Tanura regions. Under the contract, partners will construct cogeneration facilities and operate those for 20 years.
The cogeneration facilities inside the oil and gas complexes will provide about 900 MW of power and around 1,500 tonnes/hour of steam. The construction is scheduled for completion in 2016. The total project investment will amount to US$650m. Currently, these three Saudi Aramco oil & gas facilities generate their own steam while purchasing electric power from the Saudi Electric Company. The more efficient cogeneration facilities are part of Saudi Aramco's continuous efforts to enhance energy efficiency.