SNT Energy Expands Power Equipment Supply in Saudi Arabia... Subsidiary SNT Gulf Signs Air Cooler Procurement Agreement with Aramco

SNT Gulf is holding a CPA signing ceremony with Saudi Aramco.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] SNT Energy is expanding its business supplying nuclear power equipment and facilities to Saudi Arabia.

SNT Energy announced on the 23rd that its local subsidiary, SNT Gulf, signed a Contract Procurement Agreement (CPA) with Saudi Aramco in Daran, Saudi Arabia, regarding the procurement of Air Cooled Heat Exchangers (Air Coolers).

This CPA is a strategic long-term procurement contract with Saudi Aramco, part of a national industrial development policy aimed at securing a stable and sustainable supply chain necessary for Saudi Arabia’s economic growth and local value creation.

SNT Gulf is a 100% subsidiary of SNT Energy, which was the first domestic petrochemical and power plant equipment company to enter the Saudi Arabian market.

Since its establishment in 2012, it has continuously invested locally and steadily grown into the largest manufacturer of Air Coolers and HRSG in the Middle East region.

SNT Gulf has continuously supplied Air Coolers to major projects ordered by Saudi Aramco. Recognizing these achievements, the CPA with Saudi Aramco was concluded.

SNT Gulf is currently nearing completion of a factory expansion through a second round of investment. Taking this opportunity, it plans to expand its main manufacturing items beyond Air Coolers to include Heat Recovery Steam Generators (HRSG), Air Cooled Condensers, and Surface Condensers required for new nuclear and combined cycle power plants in the Middle East region.

To this end, SNT Gulf plans to actively cooperate with Saudi Aramco and the Saudi Electricity Company.

An SNT Energy official stated, “With this CPA signing as a turning point, we will further strengthen our strategic partnership with Saudi Aramco, actively participate in all future Saudi Aramco projects, and expand our business to neighboring Middle Eastern countries.”

SNT Energy had previously signed an MOU with Saudi Aramco in February 2020 to establish a cooperative system for exports and investments between the two companies.

This content was produced with the assistance of AI translation services.