Reuters: Japan's JGC Wins Saudi Aramco's Shale Gas Contract

Japan's JGC Corp has won a contract to build shale gas facilities in the northwest of Saudi Arabia for state oil company Saudi Aramco , industry sources familiar with the matter said.

The project, known as System A, will involve building processing facilities, wellheads and pipelines for gas in Turaif, where a big mining project called Waad al-Shamal is under development.

The sources could not give an exact value for the contract estimated to be as much as $200 million, one source said.

A JGC spokesman in Japan confirmed that its subsidiary had made a bid for the project but the company has received no official notification of the result.

Saudi Aramco declined to comment on the report.

The award of the contract was originally due to happen by end November 2014 with a targeted completion in December 2016 before the bidding process was extended several times. MORE