03-10-2018
Maire Tecnimont provisionally awarded LPG project by Sonatrach
Maire Tecnimont S.p.A. announces that its main subsidiary Tecnimont S.p.A. has been provisionally awarded by the Direction Centrale Engineering & Project Management of SONATRACH an EPC (Engineering, Procurement and Construction) contract for the execution of the “LPG Train 4 – ZCINA Hassi Messaoud” project, to be implemented inside the existing ZCINA Facility, located in the Hassi Messaoud area, in central Algeria.
The overall Contract value equals to USD 248 million, under a multicurrency basis. The Contract is under a Lump Sum scheme for Engineering, Procurement and Construction activities. The scope of the Project entails the implementation of a new train of 8 MMSm3 (Million Standard cubic meters) per day capacity of LPG and Condensate extraction from associated gas coming from the existing plants located nearby ZCINA facility outside the battery limits.
This project is an extension to the existing ZCINA LPG plant which operations have been started up from June 2013 with three LPG Trains, to increase the production of LPG and condensate from the Hassi Messaoud field. LPG or Liquefied Petroleum Gas is a pressurized liquid mixture of propane and butane used as fuel in heating appliances, cooking equipment, and vehicles.
The Provisional Award is expected to be confirmed soon after finalization of the Contract Annexes with the client and is subject to the Final Award Notice of the project by SONATRACH. Formal contract signing is expected to take place in September 2018.
The project’s completion is scheduled within 30 months from the commencement date.
Pierroberto Folgiero, Maire Tecnimont Group Chief Executive Officer, commented: “After our recent awards this year in the refining segment, we are really proud of this achievement since it enables us to enter the promising Algerian market in the crucial gas treatment sector, where our Group matured a solid experience carrying out projects in other MENA countries in the recent past. We believe that this project can represent the first step of a long-lasting successful collaboration with a prestigious Client such as SONATRACH, also in consideration of the strategic relationship between our two Countries in the global energy supply scenario.”
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024