Engineering Contract Technip to Built Refinery in Abu Dhabi
Technip wins a new contract to develop the Front-End-Engineering of a refinery. Customer is the Abu Dhabi based company Bapco.
Technip was awarded by The Bahrain Petroleum Company (BAPCO) a significant (1) contract on a reimbursable basis to develop the Front-End Engineering Design (FEED) of the refinery located in the Kingdom of Bahrain. For Technip, a “significant” onshore contract is ranging from €50 to €100 million. The FEED contract covers four main work packages that include units aimed at processing the “bottom of the barrel” components to high value products, and all associated offsites and utilities to provide seamless integration with existing refinery facilities earmarked for retention post this major modernization.
The project aims at enhancing the refinery configuration, by increasing the throughput from 267,000 to 360,000 barrel per day as well as improving the product slate and profitability. Technip’s operating center in Rome, Italy, in cooperation with Technip’s operating center in Abu Dhabi, United Arab Emirates, will execute the contract, scheduled to be completed at the end of 2015.
Marco Villa, Technip Region B President said: “We are proud to be associated to Bapco for this major development of the refinery. The award confirms Technip’s leading position as partner of choice to provide high-end services for strategic investments. This reflects at the same time the importance to follow the client and have keen understanding of its needs, since the very early stage of an initiative”.