Fives wins major contracts in the Middle East

Fives was awarded two major contracts in the Middle East region confirming its worldwide technological leadership in the design and supply of cryogenic equipment. The first project will result in decreased emissions for the domestic energy sector. The second one will see the construction of the largest mixed-feed ethylene cracker in the world increasing the production capacity in the United Arab Emirates by up to 30%.

For the development of the largest unconventional natural gas field in the Middle East, Fives will supply 20 brazed aluminium heat exchangers and 14 cold boxes. They will be installed in the gas processing facilities of the new plant to liquefy natural gas.

Natural gas could help reduce emissions in the Saudi Arabian domestic energy sector by providing a cleaner alternative to current liquid fuels as well as increasing the production of lower-carbon fuels in the country.

This contract confirms Fives’ leadership in the supply of cryogenic heat exchangers for the natural gas market. The heat exchangers and associated cold boxes will be fully manufactured and assembled in Fives’ 20,000m2 workshop in Golbey, France. They are scheduled to be shipped during the second half of 2023.

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