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    Theater at Santa Fe’s San Isidro Plaza will be converted into IMAX, family entertainment venue – Santa Fe New Mexican

    Santa Fe’s San Isidro Plaza Theater Transforms into Exciting IMAX Family Entertainment Venue

    B&B Theatres will open massive entertainment complex in Texas – The Business Journals

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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    Simpson College to purchase medical simulation technology with grant funds – Iowa Capital Dispatch

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‎Aramco awards $7.7B contracts to add 1.5 bscfd of raw gas to Fadhili

April 2, 2024
in Business
‎Aramco awards $7.7B contracts to add 1.5 bscfd of raw gas to Fadhili
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Aramco awards $7.7B contracts to add 1.5 bscfd of raw gas to Fadhili

The signing ceremony

Saudi Aramco awarded today, April 2, engineering, procurement and construction (EPC) contracts worth $7.7 billion for a major expansion of its Fadhili Gas Plant in the Eastern Province.

The project is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd), Aramco said in an emailed statement to Argaam.

This additional 1.5 bscfd of processing capacity is expected to contribute to the company’s strategy to raise gas production by more than 60% by 2030, compared to 2021 levels.

The Fadhili Gas Plant expansion is expected to add an additional 2,300 metric tons per day to sulphur production, and to be completed by November 2027,

The EPC contracts for the Fadhili Gas Plant increment project were awarded to SAMSUNG Engineering Company, GS Engineering & Construction Corporation, and Nesma & Partners.

The expansion supports Aramco’s ambitions to develop a lower-carbon hydrogen business, while associated liquids from gas are an important feedstock for the petrochemical industry.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1717600

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