Jubail Export Refinery Project
Saudi Aramco and Total are building a $9.6bn export refinery in Jubail, Saudi Arabia. The project is being executed by Saudi Aramco Total Refining and Petrochemical Company (SATORP), a joint venture established by the two companies under an agreement signed in June 2008. Saudi Aramco owns 62.5% in SATORP while the remaining 37.5% is owned by Total.
