TechnipFMC said it signed a major engineering, procurement, and construction (EPC) contract valued at over US$1 billion from Middle East Oil Refinery (MIDOR) for the modernisation and expansion of their existing complex near Alexandria, Egypt.
This EPC contract covers the debottlenecking of existing units as well as the delivery of new units including a Crude Distillation Unit, a Vacuum Distillation Unit, a hydrogen production facility based on our steam reforming technology, as well as various process units, interconnecting, offsites and utilities, TechnipFMC said in a statement.
Starting in 2022, the modernised complex will exclusively produce Euro V products, with a 60 per cent increase in the refinery’s original capacity to 160,000 barrels per day of crude oil.
Nello Uccelletti, president of TechnipFMC’s Onshore/Offshore business, said: “This award demonstrates our long-standing relationship with MIDOR which started in 2001, with the delivery of their grassroot refinery.”
The company is working with MIDOR to complete the remaining conditions precedent to enable project work to commence. The TechnipFMC will include the contract award in its inbound when all the requirements are fulfilled.
Additionally, TechnipFMC has also been awarded a contract for the basic design of the Assiut refinery Hydrocracker complex, the company said without disclosing contract value.