Wednesday 22 May 2019

TechnipFMC set to commence work on Egypt project

PARIS, March 5, 2019

TechnipFMC has successfully completed the remaining conditions required to enable work to commence on the engineering, procurement and construction (EPC) contract awarded by Middle East Oil Refinery (Midor) for the modernisation and expansion of their existing complex near Alexandria, Egypt, the company said. 
This major EPC contract covers the debottlenecking of existing units, the delivery of new units including a crude and vacuum distillation unit, a hydrogen production facility based on our steam reforming technology, as well as various process units, interconnecting, offsites and utilities. For TechnipFMC, a “major” contract is over $1 billion, a statement said.
Schedule to start in 2022, the modernised complex will produce Euro V products, with a 60 per cent increase in the refinery’s original capacity to 160,000 barrels per day of crude oil. 
The contract award will be included in the company’s first quarter 2019 inbound orders in its Onshore/Offshore segment.  - TradeArabia News Service


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