Aramco to award contract to expand bulk storage plants
09.30.2009 - NEWS
MEED quoted contracting sources close to the project as saying that local MS al Suwaidi Industrial Services Company is frontrunner to win the deal for the plants which will serve as oil distribution points across the kingdom.

At least 12 firms submitted bids for the deal by the June 28th 2009 deadline. Aramco pushed back the deadline from the original date of June 7th 2009 after contractors asked for more time to prepare their bids.
The lump sum procure and build contract includes 4 plants in the northwest of the kingdom Duba, Jouf, Tabuk and Turaif and 4 in the southwest Abha, Rabigh, Jizan and Yanbu.
The contract also covers the Qatif and Hasa bulk plants in the Eastern Province and the Qasim and Sulayyil plants in the central region. The winning contractor will increase the petroleum, diesel and fuel oil storage capacities at the plants. However, the scale of the upgrade is not known.

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More