Maire Tecnimont signs US$1.3 billion petrochemical contract
Published by Bella Weetch,
Editorial Assistant
Hydrocarbon Engineering,
Maire Tecnimont S.p.A. has announced that a signing ceremony concerning the US$6 billion world-class integrated polymers complex to be built in Ras Laffan Industrial City has been held in Doha, Qatar. The US$1.3 billion EPC lump sum contract, announced on 21 December 2022, is part of this complex and has been awarded to Tecnimont by a joint venture (JV) composed of QatarEnergy and Chevron Phillips Chemical. QatarEnergy (formerly known as Qatar Petroleum) is the state-owned petroleum company of Qatar and one of the largest gas companies in the world. Chevron Phillips Chemical is a leading manufacturer of high-density polyethylene.
The project awarded to Tecnimont relates to the implementation of a polyethylene plant which includes two polyethylene units, with a capacity of 1 000 000 and 680 000 tpy, respectively, together with the associated utilities and offsites facilities. The project’s scope of work entails complete engineering services, equipment and material supply, erection, and construction activities up to mechanical completion which is expected by 2026.
Alessandro Bernini, Maire Tecnimont Group Chief Executive Officer, commented: “We are honoured to further consolidate the fruitful relationship started in 2005 with leading players such as QatarEnergy and Chevron Phillips Chemical, supporting their strategic industrial vision with our technological know-how and capability of managing extremely large and complex projects. Our technology-driven process expertise will help ensure these new assets operate efficiently. Moreover, this contract confirms our global leadership in polyolefins and represents additional evidence of our value proposition effectiveness, when it comes to supporting clients in transforming natural resources into value-added, innovative products.”
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/09012023/maire-tecnimont-signs-us13-billion-petrochemical-contract/
You might also like
Hydrocarbon Engineering Podcast
Mike Logue, Owens Corning Global Business Director – Mechanical Insulation, delves into factors that can support the performance, safety and longevity of insulating systems installed in hydrocarbon processing environments, including cryogenic facilities.
Höegh Evi signs FSRU charter to expand Egypt’s role in the Middle East
Höegh Evi has signed an FSRU charter with EGAS, supporting Egypt’s role as energy hub in the Middle East.
