Technip, a provider of engineering services to the oil and gas companies, has announced that it has been awarded by State Company Oil Project a lumpsum contract, worth more than E20 million, for the front-end engineering design of a new refinery to be built in Karbala, Iraq.
The company said that the refinery will have a total capacity of 140,000 barrels per day and will include 18 process units based on new technologies, as well as related utilities, offsite facilities, infrastructures and a dedicated power plant.
According to the company the refinery is expected to produce liquid petroleum gas, gasoline, jet fuel, diesel oil, asphalt and fuel oil mainly for the internal needs of the Iraqi market.
Technip’s operating center in Rome, Italy, will execute the contract, which is scheduled to be completed in the first half of 2010.
Earlier in the first week of February, Technip said that it has been awarded by Middle East Oil Refinery (MIDOR) an EPC contract, estimated at approximately €43 million, for the expansion of the delayed coking unit of its refinery in Alexandria, Egypt. Engineering, procurement and supply of equipment and materials will be delivered on a lumpsum basis; construction activities will be charged on a reimbursable basis.
