Saudi's Wison Engineering wins $150mn EPC contract from SABIC

Saudi's Wison Engineering wins $150mn EPC contract from SABIC
Published: 8 October 2018 - 5:30 a.m.
By: Martin Menachery

Wison Engineering Services Co announced that its wholly owned subsidiary Wison Engineering (Saudi Branch) has signed an EPC contract worth approximately $150 million with SABIC for a utilities park and pilot plants project.

The park and plants project is part of the ongoing SABIC Technology Center expansion plan in Jubail, marking SABIC's biggest investment in innovation, globally. Once the expansion plan is completed, the fully integrated complex will be the biggest of SABIC's 21 global technology and innovation centres spread across different regions.

Wison Engineering has successfully delivered seven EPC projects on schedule to SABIC since 2012. Earlier this year, Wison Engineering established the Middle East Operation Centre in Saudi Arabia.

At the signing ceremony, Zou Yu said: "Wison Engineering deeply appreciates the trust and support SABIC has given to us throughout the years. We are also glad to get a SABIC project again.Based on our rich and successful experience of SABIC’s seven projects that Wison has delivered, we will continue working hard to achieve the successful delivery of the project with excellent management and project execution."

"The signing of the contract demonstrates the recognition of international clients for our capability to implement EPC projects in petrochemical sector and enhances Wison Engineering's reputation among the suppliers of project owners, laying a foundation for us to fight for projects with larger scales in the future,” Zheng Shifeng, senior vice president of Wison Engineering, said.

“We will continue to provide premier services to clients, strengthen the bond of trust with them and proactively respond to Saudi government's vision for 2030 in order to create more values for local clients and drive social and economic development," Shifeng added.

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