Bilfinger receives orders worth over €90 million

Bilfinger has won two orders in Romania and Norway with a total value of over €90 million.

With these new contracts, Bilfinger has strengthened its position in Eastern Europe and bolstered its position as market leader in Scandinavia.

Romania

In Romania, Bilfinger will deliver two complete plants as part of a joint venture for the production of natural gas for OMV Petrom at the company’s Madulari and Burcioaia locations. Bilfinger will be responsible for engineering and procurement activities, while joint venture partner Max Streicher will carry out the accompanying construction work.

The order has a volume of over €60 million and Bilfinger's share amounts to approximately €30 million. With the production plant award, the joint venture believes it is well positioned to win additional future projects from the client.

Norway

In Norway, Bilfinger has won a contract to provide a further five years of maintenance services at two production plants for its long-standing Norwegian customer Yara. The framework agreement has a value of more than €60 million.

In addition to maintenance services, the order comprises modifications, turnarounds and plant optimisation projects. The framework agreement relates to production at the Porsgrunn site in southern Norway, where Yara operates one of the world's largest fertiliser production plants, as well as the production facility at the Glomfjord site. Bilfinger is the exclusive service partner at these locations for electrical automation and mechanical trades over the term of the contract.

Adapted from press release by Katie Woodward

Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/09092014/bilfinger-wins-contracts-in-romania-and-norway-1422/