ARAMCO AWARDS EPC CONTRACTS FOR HUGE MGS-3 GAS EXPANSION PROJECT IN SAUDI ARABIA
(WO) – Kalpataru Projects International Limited (KPIL) has received Letter of Intent (LoI) from Saudi Aramco for EPC work for three packages of the third expansion phase of the Master Gas System Network (MGS‐3) in Saudi Arabia. The EPC scope covers the laying of over 800 kms of lateral gas pipeline.
The MGS‐3 aims to expand the existing natural gas network in order to provide gas supply to various industrial consumers in the region. This expansion of the natural gas network is expected to enhance the ability to meet the growing energy demand in Saudi Arabia and replace liquid fuel burning, contributing to Saudi Arabia’s drive towards a diverse energy mix.
Manish Mohnot, MD & CEO, said, “This is a sizable EPC order, representing a significant milestone and reaffirmation of global acknowledgement of our capabilities. KPIL is focused on strengthening its presence in the oil and gas market in the Middle East region over the past few years. This order serves as a resounding testament to our commitment to strengthen our presence across the value chain in the global oil and gas EPC business. Moreover, this large order will strengthen our order book profile and put our oil and gas business on a robust growth trajectory going forward. We are confident that once the project is completed, it will help support the energy transition in Saudi Arabia.”
Kalpataru Projects International Limited is one of the largest specialized EPC companies engaged in power transmission and distribution, water supply and irrigation, oil and gas pipelines and more. KPIL is currently executing projects in over 30 countries and has a global footprint in over 70 countries.