The agreement includes construction services for the Saudi Aramco’s 400,000 barrels per day Jazan refinery.
The refinery will process per day up to 75,000 barrel gasoline, 250,000 barrel low-sulfur diesel and 80,000 barrel vacuum distillation material for use as fuel for power plants.
MMG CEO Stewart Macphail said that the company is exited to work along with Essar to develop new business which is expected to expand MMG’s footprint in the Kingdom.
"We chose Essar as our partner based on the depth of their experience and capability in the oil and gas construction market across Asia," Macphail added.
"This new venture is a part of MMG’s new strategy to build and grow market leading construction services solutions across the Kingdom of Saudi Arabia."
Essar Projects president and CEO Alwyn Bowden said that Saudi Arabia is a key market for Essar Projects for providing its key customers with a value offering in the country as well as to actively participate in Jazan region development.
"This collaboration enables us to work flexibly to cater to peak project manpower and resource requirements, thereby servicing our key customers to the fullest," Bowden added.
