International players Linde and WesternGeco are believed to be partnering with the client in this project. The bid process for the engineering, procurement and construction (EPC) work for ACCS phase one is likely to start in February, 2023. Some of the key international players said to be eyeing the EPC packages include South Korea’s Samsung Engineering, Hyundai E&C and Daelim Industrial, Japan’s JGC, India’s Larsen & Toubro, Italy’s Saipem and Taiwan’s CTCI. More clarity on the likely bidders is expected to emerge in the coming weeks, once the bid process gathers momentum.
Bids are currently under evaluation for the main contract on this scheme.
The Kingdom has announced its ambition to capture 44 Mtpa of CO2 by 2035 as announced during the first version of the Saudi Green Initiative (SGI) held by October 2021. Building on that, a Joint Development Agreement (JDA) between Saudi Aramco, SLB (Schlumberger NV) and Linde has been announced during the second version of the SGI in order to develop Phase I of the CCS Project.
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