The Shaw Group Inc. has been awarded a new contract to implement a fleetwide services program for Saudi Electricity Co.’s oil and gas-fired power plants throughout the Kingdom of Saudi Arabia. Shaw did not disclose the contract’s value.
The Baton Rouge-based company provides construction, engineering, technology, fabrication and support services to companies worldwide.
Under the new contract, Shaw will implement a comprehensive asset management and performance diagnostic program that will address most aspects of 37 operating power plants. Shaw will concentrate its efforts on safety, maintenance, staffing, benchmarking and corporate environmental programs.
This is Shaw’s latest contract with Saudi Electricity, one of the world’ largest utility companies in terms of installed power generation capacity and the kingdom’s major electricity provider. In April 2010, Shaw was awarded a multi-phase study to define and recommend operational improvements for the utility’s fleet of power plants.
Shaw said it expects to continue expanding its role assisting Saudi Arabia in developing oil, gas and nuclear power to support the Kingdom’s growing power generation needs. Under a separate previously announced agreement, Shaw, Toshiba and Exelon are pursuing opportunities to design, engineer, construct and operate new nuclear power plants in Saudi Arabia. The Kingdom plans to invest approximately $112 billion during the next 20 years to build 16 nuclear power units to offset rising domestic energy demand and retain its position as a leading hydrocarbons exporter.