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Tag: Maire Tecnimont

  • Maire Tecnimont, new USD 400 million contract in Algeria

    Maire Tecnimont, new USD 400 million contract in Algeria

    Maire Tecnimont announces that has been awarded by Groupement Bir Seba an EPC contract for the execution of the ”Bir Seba Phase II and Mouiat Outlad Messaoud Field Development” Project, in Algeria.

    The overall contract value is approximately USD 400 million. The scope of work includes full Engineering, Procurement and Construction activities. 

    The project will be implemented in the Bir Seba and Mouiat Outlad Messaoud oil fields, located in the Touggourt area, about 130 km northeast of Hassi Messaoud.

    The project entails the expansion of an existing oil central processing facility, with the installation of a new oil separation train to double the total capacity up to 40,000 barrels of oil per day.

    The project also includes the installation of 2 additional remote gathering stations and more than 400 km of pipelines to connect the new oil production wells, along with the implementation of gas lift and water injection facilities.

    Project completion is scheduled after 40 months from the contract effective date. 

    Groupement Bir Seba is composed of Algeria’s state-owned Sonatrach, Petrovietnam Exploration Production Corporation, and PTT Exploration & Production Algeria, a subsidiary of Thailand’s national oil company PTTEP.

  • Maire Tecnimont, USD 550 million contract in Egypt

    Maire Tecnimont, USD 550 million contract in Egypt

    Maire Tecnimont subsidiary Tecnimont S.p.A. has finalized with Egypt Hydrocarbon Corporation S.A.E. (EHC) all technical and commercial conditions of the EPC contract related to the implementation of a new Ammonia plant in Ain Sokhna, Egypt.

    Maire Tecnimont Group had already been selected as the exclusive EPC contractor, as announced to the market on September 12th, 2019. 

    The contract’s value is approximately USD 550 million

    The plant will produce 1,320 MTPD (metric tons per day) of ammonia and includes extensive utilities and offsites facilities. The Scope of Work includes full Engineering, Procurement and Construction activities.

    Project completion is scheduled after 36 months from the contract effective date, which will be triggered by the financial closing of the project. 

    In this regard, both SACE and US EXIM Bank are negotiating with EHC the terms of their support to the financing of the project.  

    The produced ammonia will be used to feed an Ammonium Nitrate plant, already existing and in operation in the same industrial facility, also owned by EHC.

  • €1.2 billion contract awarded to a Maire Tecnimont-led consortium

    €1.2 billion contract awarded to a Maire Tecnimont-led consortium

    Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A., as majority leader of the consortium including MT Russia LLC, Sinopec Engineering Inc. and Sinopec Engineering Group Co., Ltd Russian Branch, has signed an EPSS contract (Engineering, Procurement and Site Services) with Amur GCC LLC, a subsidiary of PJSC Sibur Holding.

    The contract’s overall value is approximately €1.2 billion, the significant majority of which pertains to the Maire Tecnimont Group.

    The contract relates to the petrochemical development of the Amur Gas Chemical Complex (AGCC)

    AGCC is the downstream expansion of the Amur Gas Processing Plant (AGPP), a package of which Maire Tecnimont Group is currently executing in Svobodny city, located in the Amur region in the Far East of the Russian Federation, close to the border with China.  

    The project entails the implementation of several large-scale polyolefin units, and its Mechanical Completion is expected within 2024.

    This project is going to be one the largest petrochemical facilities in the world and will be fed with products associated to natural gas of the AGPP project.

    The entire gas development initiative – composed of AGPP and AGCC – located in the Amur region, represents therefore a gamechanger in the global energy processing scenario.