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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...

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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...

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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...

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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...

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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...

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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...

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