JGC prepares Iraq refinery tenders
29 May 2023
Japan’s JGC Corporation is preparing contract tenders relating to the Basra refinery upgrade project in Iraq, which are scheduled to be issued over the coming months, according to industry sources.
In November 2021, MEED reported that JGC Corporation was planning to stagger the tendering of subcontracts worth an estimated $500m to upgrade Iraq’s Basra refinery.
Since then, several contracts have been tendered and awarded, including two civil engineering contracts awarded to Turkiye-based companies in 2022.
One of the packages is being executed by Tekfen Construction. Ronesans Holding is implementing the second package.
Earlier this month, MEED revealed that both of these civil packages are now approaching completion.
JGC received the letter of award for the main contract for the Basra refinery upgrade project’s fluid catalyst cracking unit in August 2020. The official contract signing ceremony was held in Baghdad on 1 October 2020.
The client on the project is Iraq’s state-owned South Refineries Company (SRC), and the main contract is estimated to be worth $4.6bn.
The contract signed by JGC uses the engineering, procurement, construction and commissioning (EPCC) model.
EPCC works on the project began on 15 February 2021. The project site is about 12 kilometres east of Iraq’s southern city of Basra.
The upgrade project will install new facilities on land adjacent to the existing Basra refinery, including a vacuum distillation unit and a diesel desulphurisation unit.
In April 2021, France’s Axens won a contract in Iraq to provide four process technologies to SRC for the Basra refinery upgrade project.
The technologies that SRC selected are:
- Diesel hydrotreatment unit (Prime-D)
- Vacuum gasoil (VGO) hydrotreating unit
- VGO fluid catalytic cracker unit
- Oligomerisation unit (polynaphtha)
In addition, Axens will provide catalysts, adsorbents, proprietary equipment, training and technical services.
MEED’s June 2023 special report on Iraq includes:
> COMMENT: Iraq’s bumper budget holds promise and risk
> GOVERNMENT: Al-Sudani makes fitful progress as Iraq’s premier
> ECONOMY: Iraq hits the spend button
> UPSTREAM DEVELOPERS: No place like Iraq for international oil firms
> OIL & GAS: Iraq’s energy sector steadily expands
> POWER: Iraq power projects make headway
> CONSTRUCTION: Transport plans underpin Iraq’s reconstruction
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Siemens Energy wins $1.6bn Saudi deal
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Chinese engineering, procurement and construction (EPC) contractor Harbin Electric International has awarded Germany’s Siemens Energy a contract to supply combined-cycle gas turbine (CCGT) units for the Rumah 2 and Nairiyah 2 independent power projects (IPPs) in Saudi Arabia.
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READ THE MARCH MEED BUSINESS REVIEW – clck here to view PDFChinese contractors win record market share; Cairo grapples with political and fiscal challenges; Stronger upstream project spending beckons in 2025
Distributed to senior decision-makers in the region and around the world, the March 2025 edition of MEED Business Review includes:
> AGENDA 1: Chinese firms dominate region’s projects market> AGENDA 2: China construction at pivotal juncture> UPSTREAM 1: Offshore oil and gas sees steady capex> UPSTREAM 2: Saudi Arabia to retain upstream dominance> DIRIYAH: Diriyah CEO sets the record straight> SAUDI POWER: Saudi power projects hit record high> AUTOMOTIVE: Saudi Arabia gears up to lead Gulf’s automotive sector> EGYPT: Egypt battles structural issues> GULF PROJECTS INDEX: Gulf hits six-month growth streak> CONTRACT AWARDS: High-value deals signed in power and industrial sectors> ECONOMIC DATA: Data drives regional projectsTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/13483115/main.jpg -
Chinese builders go global
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Commentary
Colin Foreman
EditorRead the March MEED Business Review
It is difficult to fathom the scale of growth experienced by China’s construction sector over the past 20 years. Since 2004, it has grown by over 800%, with a compound annual growth rate of 11% to reach an estimated value of $4.5tn.
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READ THE MARCH MEED BUSINESS REVIEW – clck here to view PDFChinese contractors win record market share; Cairo grapples with political and fiscal challenges; Stronger upstream project spending beckons in 2025
Distributed to senior decision-makers in the region and around the world, the March 2025 edition of MEED Business Review includes:
> AGENDA 1: Chinese firms dominate region’s projects market> AGENDA 2: China construction at pivotal juncture> UPSTREAM 1: Offshore oil and gas sees steady capex> UPSTREAM 2: Saudi Arabia to retain upstream dominance> DIRIYAH: Diriyah CEO sets the record straight> SAUDI POWER: Saudi power projects hit record high> AUTOMOTIVE: Saudi Arabia gears up to lead Gulf’s automotive sector> EGYPT: Egypt battles structural issues> GULF PROJECTS INDEX: Gulf hits six-month growth streak> CONTRACT AWARDS: High-value deals signed in power and industrial sectors> ECONOMIC DATA: Data drives regional projectsTo see previous issues of MEED Business Review, please click herehttps://image.digitalinsightresearch.in/uploads/NewsArticle/13483117/main.gif