Petrofac and China Huanqiu Contracting & Engineering (HQC) have secured an engineering, procurement, and construction (EPC) contract worth $1.5 billion for a petrochemical project in Algeria, awarded by STEP Polymers. As the lead partner in the joint venture, Petrofac will be allocated $1 billion of the contract value, while its partner in the JV is […]
McDermott International has been awarded the next phase of an ethane cracking project in Russia from China National Chemical Engineering & Construction Corporation Seven (CC7). Last year, McDermott won a contract for the extended basic engineering on the petrochemical project. The same has been now expanded to cover the provision of the engineering and procurement […]
Azikel Refinery Project : McDermott International has bagged an engineering and procurement contract from Azikel Petroleum for the modular Hydro-Skimming Refinery project in Nigeria. The refinery, which is to be built in Yenagoa, Bayelsa State, will have a capacity of 12,000 BPD. According to McDermott, the scope of its contract includes the detailed engineering and […]
McDermott International has bagged a technology contract from Baltic Chemical Company (BCC) and an extended basic engineering (EBE) contract from China National Chemical Engineering No. 7 Construction Company (CC7) in Russia for a couple of ethylene crackers. The ethane cracking project is owned by Baltic Chemical Complex, which is a subsidiary of RusGazDobycha. Under the […]