Maire Tecnimont and Azerbaijan's state oil company Socar signed an EPC contract for the modernization and reconstruction of the Heydar Aliyev Baku Oil Refinery. The contract amounts to a value of approx. $ 800 million.
Milan/Italy — The scope includes the installation of grass root process units, the relevant utilities and storage with the aim of upgrading the refinery facilities to a total processing capacity of 7.5 mmt per year of crude oil, while meeting quantity and quality requirements of products both to feed Azerikimya revamped petrochemical plant and to produce Euro V quality automotive transportation fuels.
Among the new process units in the scope are a Naphtha Splitter, a Diesel Hydrotreater Unit, an Isomerization Unit, a Hydrogen Production Unit, two PSA Units, a C4 Hydrogenation Unit, a MTBE Unit, a Sour Water Stripper Unit with Sulphur Recovery Unit. Process technologies involved are coming from the major refining Licensors including KT-Kinetics Technology, part of Maire Tecnimont Group.
The project is expected to be completed within 41 months from the signing date, the engineering services provider announced.