TechnipFMC has won work to build a new hydrocracking complex for the Assiut refinery, in Egypt.
The company described the contract as major, indicating it is worth more than $1 billion. The engineering, procurement and construction (EPC) deal was signed with Assiut National Oil Processing Co. (ANOPC).
The contract covers a new vacuum distillation unit, a diesel hydrocracking unit, a delayed coker unit, a distillate hydrotreating unit and a hydrogen production facility unit, which will use TechnipFMC’s steam reforming technology.
The work also involves other process units, interconnections, offsites and utilities.
TechnipFMC said the unit would transform low value petroleum products into cleaner products, such as Euro 5 diesel. Production will be around 5 million tonnes per year of these higher value products.
“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,” said Technip Energies’ president Catherine MacGregor.
The company previously carried out the front-end engineering and design (FEED) work. The award demonstrates TechnipFMC’s “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.”
TechnipFMC is working with ANOPC to complete the last conditions needed to allow the contract to begin. ANOPC is a subsidiary of Egyptian General Petroleum Corp. (EGPC).
The deal was sketched out in February, at a ceremony involving the Italian ambassador Giampaolo Cantini, ANOPC’s head Mohamed Badr and representatives from TechnipFMC and Enppi.