Posts Tagged ‘Detailed design’

Saudi Aramco to gear up on Saudi localization

Saudi Aramco to require “In-Kingdom EPC” contracts After implementing the General Engineering Services Plus (GES+) initiative at the design phase of the projects, Saudi Aramco is planning to enforce its requirements for the Saudi localization at the execution phase with the “In-Kingdom EPC” contracts. For some years, Saudi Arabia is investigating […]

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Yanbu Aromatics FEED to be awarded to GES-plus bidders

Saudi Aramco and Sabic gives momentum to GES+ Saudi Aramco initiated the concept of  General Engineering Services Plus (GES+) initiative in order to enhance the level of competence of the local engineering companies and contractors and to contribute to create more value within Saudi Arabia. Indirectly the General Engineering Services […]

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Saudi local content escalates along Aramco’s GES+ initiative

Foster Wheeler, Jacobs, KBR, Mustang and SNC Lavalin signed GES+ contracts with Saudi Aramco Saudi Aramco’s General Engineering Services Plus (GES+) initiative requires that the majority of its engineering services requirements be conducted in the Kingdom of Saudi Arabia in order to enhance the development of training and domestic employment […]

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Shell and Petronas to race on Floating LNG

Petronas Floating LNG awarded to Technip-Daewoo June 5th, 2012 – Technip-Daewoo Consortium has been awarded by Petronas a $2 billion contract for a Floating LNG (FLNG) unit in Malaysia Technip created a consortium with Daewoo Shipbuilding & Marine Engineering (DSME) Co. Ltd., the Technip-Daewoo Consortium (TDC). Technip-Daewoo Consortium (TDC) was awarded by Petronas […]

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Dow selects Freeport for its $4 billion Ethylene cracker

The Dow Chemical Company (Dow) will spend $4 billion in capital expenditure for this ethylene and propylene production facilities in Freeport, Texas, USA. This Olefins project illustrates the previous news about the consequences of the Shale gas to provide long term feedstock at very competitive price to the Downstream activities. As a good example of the relocation into USA of the […]

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“EPC”

Definition: The acronym “EPC” stands for “Engineering Procurement and Construction”. Sometimes “EPCC” may be used for “Engineering Procurement, Construction and Commissioning”. In both cases, it refers to the execution phase following the “FEED” during which the engineering companies design all the details of the project for execution, proceed to the […]

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