The Saudi state firm is looking to award a contract to upgrade the Riyadh refinery. This is part of a company-wide clean fuels program to meet tighter transport fuel specifications due to take effect next year.
Saudi Aramco has invited contractors to bid for the Clean Transportation Fuels Project at the Riyadh refinery. Bids for the project, for which the cost has been reported at $300mn, are required by the end of October. While the state firm has not announced a timetable for the upgrade work, MEES understands that it has already begun scheduling plant shutdowns so that it can proceed in late 2012 and in 2013. (CONTINUED - 647 WORDS)