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TTE TotalEnergies SE

66.95
0.49 (0.74%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TotalEnergies SE EU:TTE Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.49 0.74% 66.95 66.90 67.10 67.36 66.55 66.61 3,520,169 16:40:00

Saudi Aramco, TotalEnergies Award Contracts for $11 Billion Project

26/06/2023 6:54am

Dow Jones News


TotalEnergies (EU:TTE)
Historical Stock Chart


From May 2023 to May 2024

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   By Mauro Orru 
 

Saudi Arabian Oil Co. and TotalEnergies awarded engineering, procurement and construction contracts to seven companies for the $11 billion Amiral project to develop a new petrochemical complex in Saudi Arabia.

The two companies said Saturday that they had awarded the contracts to Hyundai Engineering & Construction., Maire Tecnimont, Sinopec Engineering Group Saudi, Gulf Consolidated Contractors, Mohammed Ali Al-Suwailem Trading and Contracting, Mofarreh Marzouq Al Harbi and Partners, and Mobarak M. Al Salomi and Partners for Contracting.

Saudi Aramco and TotalEnergies made a final investment decision in December to build a petrochemical complex integrated with the Satorp refinery in Jubail that will house a mixed-load steam cracker with enough capacity to produce 1.65 million tons of ethylene a year.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

June 26, 2023 01:39 ET (05:39 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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