KEPCO Wins $1.4-Billion Power Project for $100-Billion Saudi Jafurah Field
The 331-megawatt plant will supply power and steam to Aramco for 17 years and generate 2.1 trillion won in revenue, KEPCO said.
4 Articles
4 Articles
KEPCO Wins $1.4-Billion power Project for $100-Billion Saudi Jafurah Field
South Korea’s state-run utility Korea Electric Power Corp. (KEPCO) has won a $1.4-billion deal with Saudi oil giant Aramco to build and operate Phase 2 of Saudi Arabia’s Jafurah cogeneration power plant at the major gas project estimated to need $100 billion of total investments. KEPCO’s cogeneration project entails building a 331-MW cogeneration facility capable of producing about 465 tons of steam per hour by June 2029. The plant is expected t…
KEPCO wins $1.4 bil. Saudi cogeneration project from Aramco
Korea Electric Power Corp. (KEPCO) has secured another cogeneration project in Saudi Arabia, strengthening its foothold in the Middle East’s fast-expanding energy market. The state-run utility announced on Wednesday that it signed power and steam purchase agreements with oil giant Saudi Aramco to construct and operate Phase 2 of Saudi Arabia’s Jafurah cogeneration power plant. It also finalized an engineering, procurement and construction contra…
KEPCO Wins Saudi Aramco Jafurah Phase 2 Combined Heat and Power Project; Expected to Generate 2.1 Trillion Won in Revenue Over 17 Years. Korea Electric Power Corporation (KEPCO) has secured the Phase 2 project for the Jafurah Combined Heat and Power (CHP) project in Saudi Arabia, following the Phase 1 project. KEPCO has partnered with Saudi Arabia's state-owned oil company, Aramco, for the construction and operation of the Jafurah Phase 2 CHP pl…
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
