Saudi Aramco on 28 August announced agreements with Japan’s Marubeni and JGC and Saudi firm Aljomaih Energy and Water for construction and operation of cogeneration plants at three Saudi oil and gas complexes. The state-owned giant said they demonstrate its commitment to pursue energy efficient operations, noting that cogeneration technology “has a thermal efficiency of more than 80% compared to conventional generation thermal efficiency of 40-50%.”

The plants will have a combined 900MW generation capacity and produce 1,500 tons/hour of steam. They are due onstream in 2016 at Aramco’s 7mn b/d Abqaiq oil processing and stabilization plant, 2.4bn cfd Hawiya gas processing plant, and 550,000 b/d Ras Tanura refinery. The partners will build and operate the plants for 20 years. Aramco will have 50%, Marubeni 25%, JGC 15% and Aljomaih 10%. Total cost is estimated at $650mn. (CONTINUED - 273 WORDS)