PROJECT FINANCE

The project client is SATORP, a downstream joint venture of Saudi Aramco and Total.

• Saudi Aramco has selected Sumitomo Mitsui Bank Group and Riyad Bank to advise on the financing of the Amiral Complex.

• Total has been rebranded to Totalenergies.

• Technipfmc has completed its spin-off transaction to create two industry leading, independent, publicly traded companies, Technipfmc and Technip Energies. Technip Energies will continue to its work on the Amiral project.