SAMREF

SAUDI ARAMCO MOBIL REFINERY COMPANY Ltd

Saudi Aramco Mobil Refinery Company Limited (SAMREF) has awarded a contract to Worley Parsons to execute the Front End Engineering Design (FEED) and Detailed Engineering, Procurement & Construction (EPC) of the SAMREF Clean Fuels Project. SAMREF is a 400,000 barrel per day Oil Refinery 50:50 Joint Venture between Saudi Aramco and ExxonMobil located at Yanbu Al-Sinaiyah, Saudi Arabia. The objective of the SAMREF Clean Fuels Project (CFP) is to reduce the sulfur levels in gasoline and diesel to 10 parts per million (ppm) in order to meet the environmental regulations of the Kingdom of Saudi Arabia. The project encompasses significant, phased modifications to the refinery, with start-up expected in 2013. Commenting, the President & Chief Executive Officer of SAMREF, Mr. Fawwaz Nawwab, said: “SAMREF is pleased and delighted to undertake this major important environmental project to the Kingdom of Saudi Arabia. This project highlights the strong commitment of SAMREF to protect the environment. This is the largest project SAMREF has executed since its start-up in August 1984. SAMREF will continue its mission to supply the highest value product at the right time at a competitive cost while maintaining world class safety, reliability and environmental protection”.