WorleyParsons wins SEC power deals
Firm set to work on two new 1,650MW plants
WorleyParsons has announced that it has won an Integrated EPCM Services Contract for two Saudi Electricity Company (SEC) greenfield combined cycle power plants. Each of the new gas-fired sites is set to have an output of 1,650MW.
WorleyParsons’ work under the deal will include conceptual engineering, detailed design, project and construction management and procurement. The firm has said that the estimated revenue under the contract is around US $125 million, and is being seen as “a first step in a long term relationship between SEC and WorleyParsons.”
Andrew Wood, CEO of WorleyParsons, said: “This contract shows a clear commitment by Saudi Electricity Company to the importance of not just increasing the Kingdom of Saudi Arabia’s generation capacity and infrastructure but also to the further development of a skilled and professional Saudi workforce within the Kingdom. WorleyParsons is delighted to be part of these new arrangements and is committed to its future success.”