Technip has won a contract from the Hyundai-Wison consortium to supply its proprietary technology as well as engineering and procurement services for two hydrogen reformers in Puerto La Cruz refinery, Venezuela.

The Hyundai-Wison consortium comprises of Hyundai Engineering & Construction, Hyundai Engineering and Wison Engineering.

The value of the contract is between EUR50m to EUR100m.

Hyundai-Wison consortium is developing the 135-million standard cubic feet per day hydrogen reformers as part of the Deep Conversion project for Venezuela’s state oil company, Petroleos de Venezuela (PDVSA), in order to upgrade the Puerto La Cruz refinery.

Under the contract, Technip will provide complete engineering, fabrication, modularization, procurement, as well as pre-commissioning and start-up assistance.

The project will utilize Technip’s high-efficiency top-fired steam reformers, to produce high-purity hydrogen and export steam, and the latest nitrogen oxide reduction technology to ensure minimum emissions.

Technip Process Technology senior vice president Stan Knez said the project will use the company’s modern proprietary technology, after successfully completing the basic design package for these hydrogen plants.

"Hydrogen is the most widely used industrial gas in the refining, chemical and petrochemical industries and this contract further solidifies our position of market leader in this sector," Knez added.

Technip’s operating center in Claremont, California will execute the contract, which is slated for completion in the second semester of 2014.