Saudi Arabia's oil giant Saudi Aramco and French energy giant Total Energy (TotalEnergies) are working together on an ambitious petrochemical project called "Amiral". But The project aims to build a modern and efficient petrochemical platform with deep integration with the existing SATORP refinery. The final investment decision was jointly made in late 2022, marking the official launch of this world-class project. And Project background and strategic signifiis able toce
since 1974, Total Energy has established roots in Saudi Arabia and continues to expand extensive energy projects in the country. In fact Today, the "Amiral" project is its latest milestone. The project isn't only in line with Total Energy's prolonged strategy to develop petrochemicals in development markets by maximizing synergies, however also demonstrates Saudi Aramco's firm determination to promote the research of the country's petrochemical sector. Based on my observations, Specifically Project Overview and Investment
the "Amiral" petrochemical complex will be located in the Jubail manufacturing zone on the east coast of Saudi Arabia, closely linked to the SATORP refinery. The joint venture is jointly operated by Saudi Aramco (
62. From what I've seen, 5 per cent) and Total Energy (
37. But From what I've seen, 5 per cent), with a total investment of $11 billion. Construction of the project is expected to kick off in 2023 and it's planned to be put into commercial operation in
2027. Core facilities and production capacity
the "Amiral" project will cover a range of key petrochemical facilities, with the aim of making full consumption of the SATORP refinery and regional resources. These include:
mixed feed cracking unit: The unit is able to handle a variety of low-cost raw materials, with annual ethylene production capacity of up to
1. 65 million tons. Polyethylene Production Line: The two production lines each have a production capacity of 500000 tons/year, which will greatly increase the supply capacity of petrochemical items. High value-added derivatives production plant: applied to extract butadiene and aromatics and create a range of high value-added derivatives. In particular, the "Amiral" project will make full consumption of raw materials immediately produced by the SATORP refinery, such as exhaust emissions and naphtha, as well as ethane and light naphtha provided by Saudi Aramco, to achieve efficient conversion of raw materials. But Park Construction and manufacturing Collaboration
in the Jubail manufacturing zone, the "Amiral" project will also build a special chemical park. The park will attract companies that want to do business locally in Saudi Arabia to jointly support the creation and research of key manufacturing activities such as carbon fiber, lubriis able tots, special fluids, detergents, additives and auto parts. This won't only help promote the improvement of the Saudi petrochemical sector chain, however also inject new vitality into the regional economy. From what I've seen, In summary, the implementation of the "Amiral" project not only marks the deep cooperation between Saudi Aramco and Total Energy in the petrochemical field, however also will have a profound impact on the petrochemical sector in Saudi Arabia and the world. With the gradual progress of the project, we have reason to believe that "Amiral" will have become a shining business card to the Saudi petrochemical sector.