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Chinese Sinopec unit inks pipeline deal with Saudi Aramco

Chinese Sinopec unit inks pipeline deal with Saudi Aramco
Sinopec Engineering would participate in pipeline engineering projects in the Tanajib

Riyadh – Mubasher: China Petroleum & Chemical Corporation (Sinopec) on Thursday revealed that its subsidiary, Sinopec Engineering Incorporation, has inked a contract to work on two pipeline projects at Saudi Arabian Oil Company’s (Saudi Aramco) Marjan oilfield in Saudi Arabia, Reuters reported.

The Chinese oil and gas enterprise based in Beijing noted that its unit would participate in pipeline engineering projects in the Tanajib and Ras Tanura regions of Saudi Arabia.

Sinopec did not give further details regarding the contract’s total cost.

A couple of days ago, Saudi Aramco inked 34 contracts with local and international companies with a total value worth $18 billion to boost production capacity by 550,000 barrels per day (bpd) at its Marjan and Berri oilfields.