Saudi Arabian Oil Company, known as Saudi Aramco, has released the full commercial and technical tenders for its planned $2 billion clean fuels project at its Ras Tanura refinery, according to people familiar with the project. The long-awaited project, which has been delayed by at least two years, is aimed at providing Saudi Aramco with cleaner gasoline and diesel for domestic consumption and export. This will be achieved by rehabilitating the existing facilities at the 550,000 barrel a day refinery as well as adding new units to lower the sulfur and benzene content of both fuels. The vast majority of work at the scheme has been split into two large packages. Package 1 covers the engineering, procurement and construction, known as EPC, of a naphtha processing facility at the refinery. The scope will include the EPC of all the main technical units that are planned for the scheme as […]