The Marjan Cogeneration ISPP is 700MW gas fired power project. It is planned in Eastern Province, Saudi Arabia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. Post completion of the construction, the project is expected to get commissioned in March 2023. Buy the profile here.
The project is being developed by Samsung C&T and Saudi Arabian Oil. The project is currently owned by Saudi Arabian Oil with a stake of 100%.
It is a Thermal power plant.
The project cost is expected to be around $800m.
Post completion of the construction, the project is expected to get commissioned in March 2023.
Abu Dhabi National Energy and Marubeni are expected to render engineering procurement construction services for the gas fired power project.
For more details on Marjan Cogeneration ISPP, buy the profile here.
About Samsung C&T
Samsung C&T Corp (Samsung C&T) is a diversified company. It operates various businesses including engineering and construction, trading and investment, fashion and resort businesses. The company also carries out the building, civil infrastructure, urban development, plant and housing construction works. Samsung C&T carries out trading of chemicals, iron and steel, industrial materials, energy and mineral resources, and supplies plants for the textile industry. The company also offers a wide range of clothing and accessories for men and women under several brands; and also carries out the construction and management of theme parks, golf clubs and resorts. Samsung C&T is headquartered in Seoul, South Korea.
About Saudi Arabian Oil
Saudi Arabian Oil Co (Saudi Aramco) is a state-owned energy and chemical company. It carries out the exploration, production and processing of crude oil and natural gas, refining, fractionation of natural gas, production of petrochemicals, and distribution of petroleum products and natural gas. The company operates wholly-owned domestic refineries and has interests in joint venture refineries with international partners. Saudi Aramco operates through a network of pipelines, bulk plants, air refueling sites and terminals. The company also operates power plants and associated transmission and distribution facilities in the Kingdom of Saudi Arabia. The company has subsidiaries and joint ventures across the Americas, Europe and other regions. Saudi Aramco is headquartered in Dhahran, Eastern Province, Saudi Arabia.