TechnipFMC wins $1bn Egypt refinery deal
01 August 2020
TechnipFMC, a global leader in energy projects, has secured a major engineering, procurement, and construction (EPC) contract worth over $1 billion from Assiut National Oil Processing Company (ANOPC) for a new hydrocracking complex at its refinery in Egypt.
This EPC contract covers new process units such as a vacuum distillation unit, a diesel hydrocracking unit, a delayed coker unit, a distillate hydrotreating unit as well as a hydrogen production facility unit using TechnipFMC’s steam reforming proprietary technology.
The project also includes other process units, interconnecting, offsites and utilities.
The complex will transform lower-value petroleum products from Assiut Oil Refining Company’s nearby refinery into 2.8 million tonnes per year of cleaner products, such as Euro 5 diesel, it states.
Technip Energies’ President Catherine MacGregor says: “This award demonstrates TechnipFMC’s long-standing relationship with the Egyptian petroleum sector and strengthens our expertise in the delivery of complex projects in the country. It comes after successful execution of the Feed (front-end engineering and design) contract, reflecting our selective approach and the importance of being involved at a very early stage of any development.”
“Assiut is considered one of the major strategic projects needed to meet growing local demand for cleaner products, and we are extremely honoured to have been selected by ANOPC to contribute to the largest refining project to be implemented in Upper Egypt,” he adds.
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