Technip has been awarded a contract by
Sonatrach, the Algerian national oil company,
for refurbishment and revamping of the Algiers refinery. This lump-sum turnkey
contract, worth approximately $908 million, will last 38 months
and cover the execution of the complete scope of works,
including the design, supply of equipment and bulk material, construction and startup.
The revamp of the existing installations will enable refining capacity to be increased
from 2.7 million tpy to 3.6 million tpy. The new units will
allow the refinery to produce gasoline at
specifications similar to those in force in Europe. This project will be carried out by
Technips operating center in Paris, France.