Saudi Aramco picks Tecnicas, Petrofac to build $4.7 bln gas plant

State-owned oil giant Saudi Arabian Oil Co. (Saudi Aramco) has selected Spain's Tecnicas Reunidas and Britain's Petrofac to build the $4.7 billion Fadhili gas plant in Saudi Arabia, Reuters has reported, citing unnamed sources close to the matter.

The facility, which is expected to come online by 2019, will have a processing capacity of 2.5 billion standard cubic feet per day (scfd) of sour gas. It will be divided into three separate construction packages for the gas processing unit, utilities and offsite facilities.

The Fadhili plant— along with Saudi Aramco's other gas projects in Wasit and Midyan— is expected to add more than five billion scfd of non-associated gas processing capacity.

The project is one of many initiatives aimed at meeting the kingdom’s growing demand for power.