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Rabigh Project - Second Phase
Overview
The project aims at establishing a complex for oil refining and petrochemicals production to be executed over two phases. The first phase was launched in 2009.
The second phase aims at expanding the complex, by producing more than 1.3mn tpa of paraxylene, and expanding the existing ethane cracker to process an additional 30mn cubic feet of ethane and the addition of a new naphtha aromatics complex processing more than net 2.7mn tpa of naphtha.
The project also includes several manufacturing modules to produce various petrochemical products, such as Acrylic Acid, SAP, MMA, PMMA, EPR, TPO, Nylon-6, and Phenol.
Project Information
- Oil & Gas > Petrochemicals
- Oil & Gas > Refining
- Saudi Arabian oli company (Aramco) owns 37.5% equity stake in Perto Rabigh company.
- The project management services process was established, which included two contracting operations, one of them outside the Kingdom and was awarded to JGC (Japan), and the second within the Kingdom and JGC Gulf International Ltd. during 2010.
- Petro Rabigh's Board of Directors approved, in August 2014, merging the ownership of Rabigh Project - Second Phase from the founding partners, Saudi Aramco Company and Japanese Sumitomo Chemical Company, to Petro Rabigh after the founding partners provide and gurantee the financial loans necessary for the implementation of the project.
- On March 16, 2015, the company finalized procedures for transferring the project to its ownership from the founding shareholders. The company obtained SAR 19.4 billion loans from various lenders to finance the project and expected to be operational in the first half of 2016.
- The company announced the start of commercial operation of the second phase, starting from October 31, 2019.
- On November 25, 2015, SPIE Oil & Gas Services Saudi LLC was awarded the contract for the start-up services for the project. The contract included the commissioning and start-up of naphtha, aromatics and cumene phenol units, and for a refining and petrochemical complex.
- Petro Rabigh announces the full operation of the ethane cracker in the second quarter of 2016.
- In June 2016, the company awarded SAIPEM Co a SAR 782 million contract to build the facilities of the vanadium treatment unit with a capacity of 3,240 cubic meters a day, and the caustic soda treatment unit with a capacity of 120 cubic meters a day.
- In Q3 2016, the company announced that The total cost of the project increased to SAR 34 billion due to the delay in the construction work.
- The FEED engineering contract was awarded to the American company Jacob February 2019 At a total cost of 300 million Saudi riyals.
- The company announced that the project is expected to be completed during 2020.
- King Abdullah Port announced the end of the last stage of handling huge equipment for the second stage of Petro Rabigh, with a total weight of 3.2 thousand tons, and requires very accurate handling and transportation techniques.
Owners
Related Parties
Project Developments
King Abdullah Port completes 3,200 tons general cargo handling for Petro Rabigh projectArgaam30/03/2020
Petro Rabigh completes reliability test for Phase 2Argaam31/10/2019
Petro Rabigh Phase II to start reliability tests in August Argaam25/07/2019
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