TechnipFMC said it can begin work on the EPC contract valued at over US$1 billion by Middle East Oil Refinery for upgrading and expanding refinery complex in Egypt’s north coast city Alexandria.
The global contractor for the oil and gas industry said it has successfully completed the conditions required to enable work to commence the engineering, procurement, and construction on the project.
This contract covers the debottlenecking of existing units, the delivery of new units including a crude and vacuum distillation unit, a hydrogen production facility based on TechnipFMC steam reforming technology, as well as various process units, interconnecting, offsites and utilities.
Starting in 2022, the modernised complex will 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, the company said.
The contract award will be included in the company’s first quarter 2019 inbound orders in its onshore/offshore segment.