Aramco, Tefken sign $590 mln deal for gas pipeline

Saudi Aramco, the world's largest oil producer, has signed a $590 million contract with Turkery's Tefken Construction for building of a satellite gas compression plants pipeline for the Haradh Gas Increment Program.

The duration of the project will be 33 months, Tefken said in a statement published on Turkey's Public Disclosure Platform on Monday.

Established in 2003, the Haradh Gas Plant is located in eastern Saudi Arabia and its total daily gas production is expected to rise by more than one billion standard cubic feet following the expansion programme.

Turkey's Tefken Construction, which was set up in 1956, has presence in several construction areas, including heavy civil work, refineries, petrochemical plants, pipelines, marine structures, and electrical work in Turkey, MENA, Asia, and Europe.