Saudi Aramco signed four engineering contracts to build the company’s cSAR50bn Fadhili gas processing project with firms including Saudi Electricity Company(SEC) [110.SE] and Engie, Aramco announced on a press conference. The signed contracts will allow for project completion the end of 2019, the company added, where other contracts for the project were signed last year. The Fadhili project includes a 1,500 MW power plant and is capable of boosting Saudi gas production capacity to more than 17bn standard cubic feet by 2020. The plan for Fadhili’s 1,500-megawatt power plant includes using 400MW of electricity to power the gas project and sending the remaining 1,100MW to the domestic grid. (Reuters, The National)