Oilfield services provider Technip SA (TNHPF.PK,TKPPY.PK) Tuesday said it was awarded by The Bahrain Petroleum Co. or BAPCO a significant contract on a reimbursable basis to develop the Front-End Engineering Design or FEED of the refinery located in the Kingdom of Bahrain.
The FEED contract covers four main work packages that include units aimed at processing the “bottom of the barrel” components to high value products, and all associated offsites and utilities.
The project aims at enhancing the refinery configuration, by increasing the throughput from 267,000 to 360,000 barrel per day as well as improving the product slate and profitability.
Technip’s operating center in Rome, Italy, in cooperation with the firm’s operating center in Abu Dhabi, United Arab Emirates, will execute the contract, scheduled to be completed at the end of 2015.
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by RTT Staff Writer
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