Maire Tecnimont Group awarded $96 million in new contracts
Italy-based Maire Tecnimont S.p.A. announced June 28 that its subsidiaries Tecnimont and Stamicarbon have been awarded several new contracts and order variations for licensing, engineering services and EPC activities for an overall value of approximately $96 million. These contracts have been granted by international clients in Nigeria, as well in Europe, the Middle East and the Far East.
In particular, Tecnimont has been granted a front-end engineering design contract by African Refineries Port Harcourt Ltd. for a 100,000 barrel-per-day refining plant, which is due to be operational in 2025. It will be built inside the existing Port Harcourt Refinery complex, where Tecnimont is already executing an EPC contract related to its rehabilitation works.
The contract also includes a feasibility study for an independent section of the plant for the production of sustainable aviation fuel (SAF), which will be based on NextChem’s portfolio of green initiatives, using “biowaste” as feedstock, the company stated.
“We are really honored to support Nigeria both in unlocking greater value by processing its natural resources and in developing circular economy for the first time ever in the country, as [sustainable aviation fuel] is one of the most effective solutions to reduce the carbon footprint of the global aviation industry,” said Alessandro Bernini, CEO of Maire Tecnimont Group and NextChem. “Moreover, these new contracts confirm the strong geographical diversification of our backlog and the reliability of our technology-driven value proposition.”
Through its subsidiary NextChem, Maire Tecnimont operates in the field of green chemistry and the technologies to support the energy transition. Maire Tecnimont Group operates in 45 countries through approximately 50 operative companies and 9,300 people.