Jubail Refinery Project

Summary Information

• Ownership: Saudi Aramco / Total
• Website: http://www.satorp.com/
• Wikipage: Sartorp Jubail Refinery
• Location: Jubail
• Capacity: 20.0 million tons/annum & 400,000 bbl/day
• Nelson Complexity:
• Project Stage: Completed 2014
• Budget: US $9.6 billion

The Project

• Project Type: New Greenfield Refinery
• Project Summary: The project is a full conversion refinery, designed to process heavy local crude and produce high value white product. The refinery will be arranged in two identical trains.
• Main Contractors:
  • Technip - front-end engineering design (FEED),
    • develop capital and operating cost estimates,
    • prepare the engineering, procurement and construction (EPC) bid packages,
    • provide management services during the execution of the project's detailed engineering, procurement and construction phases.
  • Technicas Reunidas
    • EPC activities for the Crude/Vacuum, Naphtha Hydrotreating, High Pressure Hydrodesulphurizers, Low Pressure Hydrodesulphurizers and Hydrogen Generation.
  • Daelim
    • Daelim was awarded $820 million package 2B, for the plant to collect sulfur and acid gas.
  • DYWIDAG
    • Coker Unit comprehends the construction of a Coke Pit with two Coke Basins, Coke Drum Structure, Coke Heater and fractionator’s foundations as well as pipe racks and road works. The main quantities are: Concrete 35,000 m3, Reinforcement 4,300 tons, Excavation 50,000 m3 and Backfilling 90,000 m3.
  • Alderley: Crude oil metering systems

Refining Units

• Atmospheric Distillation
• Vacuum Distillation
• Diesel Desulphurisation
• Hydrocracker
• Fluidised Catalytic Cracker
• Coker
• Sulphur Recovery

Terminal Capacity

• Crude Oil:
• Refined Products:

Crude Supply

• the refinery will process Arabian Heavy

Products Produced

• The full-conversion refinery will maximize production of diesel and jet fuels
• It will also produce 700,000 tons per year (t/y) of paraxylene, 140,000 t/y of benzene and 200,000 t/y of polymer-grade propylene.

History

• 2006 - Saudi Aramco and Total sign Memorandum of Understanding for proposed Jubail export refinery
• 2006 - Technip was awarded a program management services (PMS) contract
• 2014 - Refinery commissioned

Other Information

• Finances totalling US$8.5 billion were secured from multiple sources including US$4.01 billion from the Public Investment Fund and Export Credit Agencies (covered and direct), and US$4.49 billion from commercial financial institutions.
• The senior loan facilities have a tenor of 16 years with an all in pricing of 1.85% (above LIBOR) for the US Dollar commercial and Export Credit Agencies (ECA) covered loan facilities.
• Sartorp also raised money through a Sukuk facility

Links

1. Technip Refining References
2. Alderley Dammam deliver metering package for Jubail II Project
3. Saudi Aramco and Total award EPC contracts for Jubail Export Refinery
4. Technip awarded contract for the new Jubail project in Saudi Arabia
5. Technip awarded two major contracts for the new Jubail export refinery in Saudi Arabia
6. Técnicas Reunidas is awarded a major project in the Kingdom of Saudi Arabia
7. Received an Order for the Construction of an Oil Refinery from Saudi Aramco
8. DYWIDAG, Coker Unit, Jubail, Saudi Arabia
9. Sartorp to Sell Sukuk to Saudi Investors
10. Saudi Aramco and Total sign Memorandum of Understanding for proposed Jubail export refinery
11. KBR and AYTB to Provide Long-Term Maintenance Services for SATORP Refinery in Jubail, Saudi Arabia
12. Sukuk Prospectus