Aramco awards $1.7bn power deal to Tecnicas
Madrid, May 4, 2014
Spanish energy contractor Tecnicas Reunidas said on Sunday it had been awarded a contract worth close to $1.7 billion from state-owned oil company Saudi Aramco to build a large power complex in Saudi Arabia's southwestern Jazan Province.
In a statement, Tecnicas Reunidas said the Jazan IGCC complex would be the largest gasifier-based power facility in the world and would become operational in 2017. – Reuters