Saudi Aramco’s Petro Rabigh II progressing ‘faster than expected’: exec

Work on the second phase of Saudi Arabian Oil Co.’s (Saudi Aramco) Petro Rabigh project is progressing at a “faster than expected rate”, Al Riyadh newspaper reported, citing the company’s executive director of chemicals Warren Wilder.

The project was said to have experienced some challenges, however, the firm has made headway in overcoming them.

The state-owned oil producer’s strategy is also linked to other refineries and chemical facilities, such as Jubail-based Saudi Aramco Total Refining, Petrochemical Company (SATORP) and Sadara Chemical Co. and Yanbu Aramco Sinopec Refining (YASREF) in Yanbu.

In August 2014, the company’s board of directors approved a merger between Rabigh Phase II project (under construction) and the Rabigh I complex, in addition to transferring ownership from the original founders Saudi Aramco and Sumitomo Chemical Company (Sumitomo Chemical) to Rabigh Refining and Petrochemical Co. (Petro Rabigh).