Technip Wins PMC Contract for the Basra Refinery Upgrading Project
April 28 2015 - 12:00AM
Business Wire
Regulatory News:
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY), in
partnership with UNICO, a Japanese engineering consultant, was
awarded a Project Management Consultancy (PMC) contract on a
reimbursable basis, for the upgrading of the Basra refinery. This
contract, awarded by South Refineries Company (SRC) – Ministry of
Oil, covers the engineering, procurement, construction,
commissioning, start-up and warranty management phase of the
refinery upgrading project(1), located in Basra, Iraq.
The project will aim at increasing the gasoline production
capacity through the installation of a new fluid catalytic cracking
unit and associated units like visbreaker, hydrotreating, hydrogen
plant, etc. This development is part of the Iraqi Government’s long
term plan to meet increasing future demand for hydrocarbon
products.
This award follows the PMC contract attributed to Technip in
June 2013 for the Karbala refinery. It will be executed by
Technip’s engineering center in Milton Keynes, United Kingdom, and
supported by Technip PMC teams.
Technip PMC gathers all the know-how and expertise acquired by
the Group over the years in executing challenging projects in the
world. This new award continues to reinforce our position in PMC in
the Middle East.
Nicoletta Giadrossi, President of Technip’s Region A(2),
commented: “We are delighted to help SRC and the Iraqi’s Ministry
of Oil achieve their goals and business objectives, while meeting
safety, cost, schedule and quality targets".
Riccardo Moizo, Senior Vice President for Technip PMC,
stated: “We are honoured to have been awarded this important
project by SRC. This new award continues to reinforce Technip’s
positioning on PMC activities. We are looking forward to assisting
SRC in the development of this complex project.”
(1)The project has been funded by the Japan International
Cooperation Agency (JICA).(2)Region A is one of Technip’s regions
comprising Western Europe, Africa and India.
About Technip PMC:
- Technip PMC is an organization with a
management team dedicated and focused on the provision of PMC
services to deliver projects worldwide.
- It helps clients to achieve their
investment objectives and deliver their projects, by offering
Project Management Consultancy (PMC) services from the definition
to the operational phases.
- Technip is a project management
specialist, having carried out some of the world’s most complex EPC
projects. From the technology and licensor selection phase to the
management of multinational consortia in the execution and
successful delivery of world-scale, lump-sum turnkey projects,
Technip has not only developed efficient processes, procedures and
tools, but also operational and effective project management skills
at all levels.
More information here:
-
http://www.technip.com/fr/activite/services/project-management-consultancy
Technip is a world leader in project management, engineering and
construction for the energy industry.From the deepest Subsea oil
& gas developments to the largest and most complex Offshore and
Onshore infrastructures, our 38,000 people are constantly offering
the best solutions and most innovative technologies to meet the
world’s energy challenges.Present in 48 countries, Technip has
state-of-the-art industrial assets on all continents and operates a
fleet of specialized vessels for pipeline installation and subsea
construction.Technip shares are listed on the Euronext Paris
exchange and traded in the USA on the OTCQX marketplace (OTCQX:
TKPPY).
Public RelationsLaure MontcelTél. +33 (0) 1 49 01 87
81Delphine NayralTél. +33 (0) 1 47 78 34 83E-mail:
press@technip.comorInvestor and Analyst RelationsKimberly
StewartTel. +33 (0) 1 47 78 66 74E-mail:
kstewart@technip.comAurélia Baudey-VignaudTel. +33 (0) 1 85 67 43
81E-mail: abaudeyvignaud@technip.comMichèle SchantéTel. +33
(0) 1 47 78 67 32E-mail: mschante@technip.comorMore
informationWebsite
http://www.technip.com@TechnipGroup
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