France’s Technip has won a major contract from Algeria’s national oil company Sonatrach to refurbish and revamp its Algiers refinery.
The lump sum turnkey contract, which is worth around 67.9 billion Algerian dinars (approximately €690 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 start-up.
The revamp of the existing installations will enable capacity at the refinery to be increased from 2.7 million to 3.6 million tons per year. The new units will enable the refinery to produce gasoline at specifications similar to those utilised in Europe.
The project forms part of Sonatrach’s major ongoing programme of renovation and refurbishment of the country’s oil refining installations.
The work will be carried out by Technip’s operating centre in Paris, France.
Sonatrach is the largest oil and gas company in Algeria and Africa. The company operates in exploration, production, pipeline transportation and marketing of hydrocarbons and by-products. Globally, it is the fourth largest LNG exporter, the third largest LPG exporter and fifth largest natural gas exporter.
Employing around 23,000 people, Technip operates in underwater infrastructures, offshore facilities and large processing units and plants on land. Present in 48 countries, the company has operating centres and industrial assets on five continents.
