Target Engineering Construction Company has won a SAR 200 million contract to replace five storage tanks at Saudi Aramco’s Ras Tanura Refinery. Target is a subsidiary of Dubai contractor Arabtec Holding.

Wail Farsakh, Arabtec’s Group Chief Executive Officer, said: “We are delighted to be continuing to build our relationship with Saudi Aramco in the Kingdom of Saudi Arabia. In line with our strategy, this important award further builds the Group’s presence in the oil and gas sector.”

The 550,000 bpd refinery is located in Saudi Arabia’s Eastern Province. Target said it will replace three naphtha storage tanks at the site and two slop oil storage tanks.

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21st July 2020