Egypt: EPC Technip FMC Begins Work on New Hydrocracking Complex in Egypt
Technip FMC has been awarded an EPC contract by Assiut National Oil Processing Company for the construction of a new hydrocracking complex for the Assiut refinery in Egypt. The project is expected to support the national government’s Energy Transition strategy as well as reduce environmental emissions in the region.
London/UK – Technip FMC has successfully completed the remaining conditions required to enable work to commence on the Engineering, Procurement, and Construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new Hydrocracking Complex for the Assiut refinery in Egypt.
As previously announced, this major EPC contract covers new process units such as a vacuum distillation unit, a diesel hydrocracking unit, a delayed coker unit, a distillate hydrotreating unit as well as a hydrogen production facility unit using Technip FMC’s steam reforming proprietary technology. The project also includes other process units, interconnecting offsites and utilities.
The project supports the Egyptian Government’s Energy Transition strategy and will reinforce the economic growth of rural areas while minimising environmental emissions as well as reducing the government export bill. The complex will transform lower-value petroleum products from Assiut Oil Refining Company’s (ASORC) nearby refinery into approximately 2.8 million tonnes per year of cleaner products, such as Euro V diesel.
The contract award will be included in the Company’s fourth quarter 2020 inbound orders.