12-02-2014

Tecnicas Reunidas wins Sturgeon refinery contract

Tecnicas Reunidas has been awarded a 580 million CAD contract by North West Redwater Partnership for the execution of the Units 50 (Light Ends Recovery) and 60 (Sulphur plant) for the Phase 1 of the North West Redwater Sturgeon Refinery in Alberta, Canada.

The North West Redwater Partnership is a joint venture between North West Upgrading Inc. and Canadian Natural Resources Limited, where each company owns 50% stake in the partnership.

The scope of the project includes engineering, procurement, construction and pre-commissioning up to Mechanical Completion of the Light Ends Recovery Unit and the Sulphur plant of phase one of the Bitumen refinery which will have the capacity to process approximately 78,000 barrels per day (BPD) of synbit / dilbit bitumen blend into high value products (stabilized sweet naphtha, ultra-low sulphur diesel (ULSD) low sulphur vacuum gas oil (VGO), liquid petroleum gas (LPG), hydrogen (H2) and high purity carbon dioxide (CO2)). The Owner will use commercially proven, conventional processes to refine the bitumen incorporating gasification and a carbon capture and storage solution, setting an international precedent for responsible development.

The Project is located in Sturgeon County, approximately 45 km northeast of Edmonton in the Alberta Industrial Heartland area. The Heartland area offers proximity to existing and planned bitumen and heavy oil feedstock pipelines from three major oil sands producing regions (Athabasca, Cold Lake and Peace River). It is also in proximity to finished products distribution infrastructure, allowing access to Alberta, North America and world markets.

TR is now executing another turnkey project in Canada for engineering, procurement and construction of bitumen upgrading facilities, north of Fort McMurray, Alberta.

The project for North West Redwater Partnership, being the result of the TR´s successful worldwide expansion, will considerably strengthen the company´s position in Canada.