Technip Strikes $1 Billion Deal

Published at 05:14PM - 19/09/16

Technip has been awarded an Engineering Procurement and Construction (EPC) contract for the design and construction of new processing units and ancillary units at the Jebel Ali refinery in the United Arab Emirates (UAE).

The project is expected to increase the refinery’s capacity by 70,000 barrels per day (bpd) after completion.

“We are proud to reinforce the long lasting relationship between Technip and ENOC for the expansion of the Jebel Ali refinery, which was successfully delivered by Technip in 1999 with outstanding safety, schedule and quality performances,” Technip’s EMIA (Europe, Middle East, India, Africa and Latin America) president, Marco Villa, said.

Technip Strikes $1bn Refinery EPC Deal

“This award confirms Technip’s leading position in the refining sector and in the Middle East downstream business, as well as its ability to provide its clients with customised solutions combined with secure project delivery,”

The Emirates National Oil Company (ENOC) had revealed plans to expand the capacity of its Jebel Ali facility by 50%.

Technip Strikes $1 Billion Refinery EPC Deal
Technip was the contractor on the Jebel Ali refinery from 1997 to 1999

According to ENOC, the expansion project includes three separate packages valued at more than US$1 billion (£766.76 billion).

The refinery is expected to start commercial production in the fourth quarter of 2019, the company informed.

Refinery Expansion Adds 70,000 Barrels

“The UAE’s energy demand is growing at about 9% per year. (…) The refinery expansion is part of this strategy to develop enabling infrastructure that fuels the nation’s growth,” ENOC Group CEO Saif Humaid Al Falasi, said.

“For a rapidly developing market like Dubai, strategic investments in projects demonstrate that development strategies like Dubai Plan 2021 are already being realised,” he added.

The main package of the project will add a new condensate processing train to the existing facility, expanding its daily capacity to 210,000 barrels, up from the current 140,000 barrels per day.

Additional processing units will also be added to ensure that the refinery’s products meet expanding domestic fuel demand and export needs.

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