Special to WorldTribune.com

ABU DHABI — Saudi Arabia has approved an energy contract with India.

Saudi Aramco awarded a $54 million contract to India’s Essar Projects for the modernization of a refinery.

The maiden contract, meant to focus on engineering, procurement and construction, was expected to be completed
within 29 months.

“The $54 million EPC project involves the upgradation of a crude stabilization unit at Aramco’s Abqaiq Plant in Shaybah, one of the largest oilfields in the world,” Essar said.

Over the last two years, Saudi Arabia has expanded energy and defense cooperation with India.

Under the latest project, Essar would facilitate the construction of a crude tank, pumps and electrical facilities.

  Essar Projects, Saudi Aramco, Saudi expands India cooperation with refinery contract, Shaybah oilfields