Aramco has chosen China Petroleum Engineering and Construction Corporation (CPECC) for a key contract that will see the evolution and development of the Kingdom’s natural gas infrastructure.
It has been reported that Aramco has confirmed winners for up to 15 engineering, procurement, and construction (EPC) packages for the third expansion phase of the multibillion-dollar Master Gas System Network (MGS-3) development. The most recent contract awarded by Aramco is valued at $1.699 billion and mandates CPECC with the EPC work required at the MGS-3 project with an overall investment surpassing $12 billion.
CPECC emerged as the winning bidder against a competitive field of 10 companies
CPECC emerged as the winning bidder against a competitive field of 10 companies, including China’s Shandong Electric Power Construction Company and Turkey’s Mapa, with its commercial and technical proposals. The scope of work includes the EPC for the expansion of three booster stations along with the development of necessary support facilities.
Completion of this project, anticipated to be June 2028, is a strategic move to boost the supply of natural gas to an array of industrial sectors within the region.