South Korea’s Samsung Engineering has been confirmed as the winner of a contract to build Saudi Aramco’s multi-billion dollar Shaybah natural gas liquids project, Reuters has reported. Samsung will perform the engineering, procurement and construction work for all the four construction packages related to Shaybah NGL. Saudi Aramco has awarded Samsung Engineering a $2.76bn contract to build a natural gas liquid complex in the eastern part of the kingdom, Reuters has reported. Set for completion by June 2014, the plant in Shaybah oil and gas field will produce 750,000 barrels of crude oil and more than 200,000 barrels of natural gas liquids a day.
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