The Ministry of Mines, Industry and Energy of Equatorial Guinea has reported that Riaba Fertilizers Ltd has awarded an EPC contract for a new petrochemicals complex to a Chinese consortium. East China Engineering Science and Technology Co. Ltd (ECEC) lead the consortium.
Riaba Fertilizers Ltd was incorporated to develop the petrochemicals complex at Riaba, on Bioko Island. The new facility will use offshore gas reserves that are located to the east of Bioko. The complex will comprise an ammonia and urea plant with production capacity of 1.5 million tpy. Facilities will include on and off-site infrastructure and utilities and a urea shipping jetty.
The ECEC-led consortium was awarded the EPC contract at the holding company’s headquarters in Beijing, China. Pre-FEED has been completed by Worley Parsons. The project is expected to be completed in 32 months, with a groundbreaking ceremony expected to take place by late March.
The Minister of Mines, Industry and Energy and Riaba Fertilizers Ltd stated during the signing ceremony: “Equatorial Guinea is a small country with big ambitions, and we have developed a reputation in our region for delivering on promises. The Riaba petrochemicals complex demonstrates, once again, our commitment to building advanced and globally competitive industrial facilities. We would like to acknowledge the vital role of the Block O and I gas producers in making this project a reality.”
The Chairman of ECEC added: “We are a Chinese EPC contractor with great experience with fertiliser plants. This makes us the best possible partner for Equatorial Guinea and the ideal contractor to deliver this project to world-class standards.”
Edited from press release by Angharad Lock
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/11022016/ecec-led-consortium-wins-epc-contract-2455/