Saudi Aramco/SLB/Linde - Accelerated Carbon Capture and Sequestration (ACCS): Phase I

General Information
Owner Schlumberger Enterprise Data Solution
Masterplan Project (Parent Profile) Saudi Aramco – Carbon Capture and Storage Infrastructure Project – Eastern Province
Location Jubail, Eastern Province, Saudi Arabia
Status --
Sector Gas, Storage, Gas Tank
Contract Type Engineering Procurement Construction (EPC)
Onshore/Offshore Onshore
Greenfield/Brownfield Greenfield
Progress 3
Estimated Budget Value ---
Contract Value 1500
Net Value $1500m
Award Date February 2025
Completion Date September 2027
Last Updated On February 2025
ProjectId (Old, New) 384637, 384637


Saudi Aramco, Schlumberger, and Linde are planning the largest Accelerated Carbon Capture and Storage (ACCS) project in Jubail Industrial City, Eastern Province, Saudi Arabia.

It aims to extract, use, and store 44 million tons of CO2 by 2035 in nine phases. It aims to capture CO2 from Aramco’s northern gas plants of Wasit, Fadhili, and Khursaniyah, also from the operations of its subsidiary Saudi Basic Industries Corporation (Sabic) and Saudi industrial gases provider Air Products Qudra.

The profile includes Phase 1 of the project:

The US$1500 million project includes the following:

1. Construction of carbon capture and storage hub (9 million tons per year of carbon storage)

2. Installation of CO2 primary compression facility

3. Installation of a steam & condensate system

4. Installation of injection well control skids

5. Laying of pipeline to transfer CO2 from injection into the Jaham-Duhul-Maqlah saline aquifer (approx. 240km)

6. Construction of other associated facilities

Second Section

20 February 2025

Larsen & Toubro Energy Hydrocarbon (LTEH), a subsidiary of Larsen & Toubro Group, has been appointed as the main contractor for the project. (Source: MEED)

07 January 2025

The main contractor is yet to be awarded on the project.

20 November 2024

The main contractor has not yet been awarded. However Maire Tecnimont company or Saipem Company is most likely to be awarded the main contract.

29 October 2024

The main contractor has not yet been awarded and is expected to be awarded by November 2024.

08 October 2024

A consortium of Saipem and Tecnimont has emerged as the frontrunner for the main contractor on the project. (Source: MEED)

29 August 2024

The main contract tender is likely to be awarded within two months on the project.

28 July 2024

The main contract bids have been submitted on July 11, 2024. The following companies have submitted the bids: Larsen & Toubro, Tecnimont and Saipem. (Source: MEED)

12 June 2024

The front-end engineering and design works have been completed on the project. (Source: MEED)

04 December 2023

The main contract bid submission is expected to be submitted by the end of December 2023.

10 October 2023

The main contract tender has been issued and the submission is expected to be done by Dec 2023. The following companies are participating GS Engineering & Construction, Saipem, JGC Corporation, Tecnicas Reunidas, Maire Tecnimont and Hyundai E&C.

19 July 2023

The main contract tender is not yet issued.

25 May 2023

The Saudi energy giant is working with Wood Group, the front-end engineering and design (feed) consultant, to make required alterations to the ACCS scheme and modify certain aspects. The main contract tender is expected to be issued by June 2023. (Source: MEED)

29 March 2023

The project is expected to attain financial investment decision (FID) by end 2023. Mizuho is appointed as client’s financial adviser on the project. (Source: MEED)

22 February 2023

The solicitation of interest (SoI) document were issued in January 2023 and the main contract tender is expected to be issued in April 2023. The following companies amongst others had attended the early engagement meeting i.e. 1. GS Engineering and Construction, 2. Hyundai Engineering and Construction, 3. JGC Corporation, 4. Larsen and Toubro Energy Hydrocarbon, 5. Saipem, 6. Tecnicas Reunidas and 7. Tecnimont. Wood Group is the FEED consultant on the project. (Source: MEED)

20 January 2023

The tender for the EPC work is expected to be issued by early February 2023. Samsung Engineering, Hyundai E&C, Daelim Industrial, JGC Corporation, Larsen & Toubro, Saipem and CTCI Corporation amongst others are interested to work on the project.

22 November 2022

Minister of Energy has signed a Joint Development Agreement with Saudi Aramco, Schlumberger and Linde to construct the plant. The first phase of the project is expected to complete by 2027 which includes storage of 9 million tons of carbon dioxide a year.