Aramco, TotalEnergies sign $11 billion contract to build petrochemicals complex in Saudi Arabia

Dhahran, June 25 (BNA): The Saudi Arabian Oil Company (Aramco) and Total Energy signed a $11 billion contract to start building a new petrochemical complex in Saudi Arabia, Reuters reported in a joint statement on Saturday.

“Aramco and Total Energy today awarded engineering, procurement, and construction (EPC) contracts for the $11 billion Admiral complex, a future expansion of the world-class petrochemical facility at the SATORP refinery in Saudi Arabia,” the statement read.

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