The Abu Dhabi Oil Refining Company (Takreer) has awarded a $480 million turnkey contract to the French Technip-Coflexip for the expansion of the Ruwais Refinery. The project, which does not require any third-party financing, will come into force immediately and completion is slated for July 2005.
Technip-Coflexip is to modernize the existing facilities and add new units for the production of unleaded gasoline and low sulfur gas oil. As part of the new process facilities Technip-Coflexip will provide heavy and light naphtha hydro-treating units, a H2S removal and sulfur recovery units, a CCR reformer unit, a gas oil hydro- treating unit and an isomerization unit. Furthermore the project includes the revamp of the existing kerosene and gas oil hydro-treating units and LPG amine treater in addition of the expansion of all the utility systems and offsite facilities of the refinery.
Technip-Coflexip services will include project management, detail engineering, procurement of equipment and materials, construction management, construction, precommissioning, commissioning and training. The overall project will be carried out by Technip-Coflexip's engineering centers in Rome and in Abu Dhabi.
Technip-Coflexip's portfolio in the Emirate of Abu Dhabi includes several other large contracts for ADNOC Group companies. With a workforce of about 18,000 and annual revenues of about five billion euros, Technip-Coflexip ranks among the top five in the field of oil and petrochemical engineering, construction and services. Headquartered in Paris, the Group is listed in New York and in Paris.
The main engineering and business centers of Technip-Coflexip are located in France, Italy, Germany, the UK, Norway, Finland, the Netherlands, the United States, Brazil, Abu-Dhabi, China, India, Malaysia and Australia. The Group has high-quality industrial and construction facilities in France, Brazil, the UK, the USA, and Finland as well as a fleet of offshore construction vessels. — (menareport.com)
© 2002 Mena Report (www.menareport.com)
