Petrofac awarded Lithuanian refinery EPC project
Published by Jessica Casey,
Editor
Hydrocarbon Engineering,
Petrofac has been awarded an engineering, procurement and construction (EPC) contract, valued at approximately €550 million (approximately US$640 million), from PC ORLEN Lietuva to support a comprehensive modernisation, environmental upgrade, and expansion programme at its Mažeikiai Refinery in North-West Lithuania.
The lump sum contract comprises EPC start-up and commissioning services, as ORLEN Lietuva invests to expand the existing refinery complex, raise capabilities, meet the requirements for cleaner fuels and improve operational and carbon efficiency of the plant. The scope of work encompasses mainly greenfield EPC development, with some brownfield modifications, as well as front end engineering design (FEED) of relevant utilities and offsites. The contract includes the addition of a new residue hydrocracking facility and improvement of the existing facility. Project completion is planned by the end of 2024.
Elie Lahoud, Chief Operating Officer – Engineering & Construction, said: “We are delighted to have secured such an important refinery project within the EU as we demonstrate our growth strategy in new geographies. Petrofac has a well-established track record and significant experience in the refining sector, as customers transform existing facilities to produce higher quality, more environmentally friendly fuels. ORLEN Lietuva is a new customer for us, and we look forward to developing our relationship as we deliver locally, to the highest global standards, on a project that is an important part of Lithuania’s energy infrastructure.”
Read the article online at: https://www.hydrocarbonengineering.com/refining/28102021/petrofac-awarded-lithuanian-refinery-epc-project/
You might also like
Low US distillate consumption reflects slow economic activity and biofuel substitution
The EIA reports that US distillate consumption so far this year is lower than usual because of warm winter weather, reduced manufacturing activity, and continued substitution of biofuels in place of petroleum distillate on the US West Coast (PADD 5).