Algeria
Tecnimont (MAIRE) awarded new petrochemical contract by SONATRACH in Algeria worth USD 1.1 billion
MAIRE (MAIRE.MI) announces that its subsidiary Tecnimont (Integrated E&C Solutions) has been awarded by SONATRACH through a tendering process an EPCC (Engineering, Procurement, Construction and Commissioning) contract for a new linear alkyl benzene (LAB) plant in the industrial zone of Skikda, located 350 km east of Algeri.
Petrofac confirms signing of US$1.5 billion EPC contract in Algeria
urther to the announcement of 18 May 2023, Petrofac today confirms it has entered into a definitive agreement with STEP Polymers SPA (‘STEP’, a 100% subsidiary of Sonatrach) for the design and build of its petrochemical complex in the Arzew Industrial Zone in Algeria.
Petrofac led JV selected for US$1.5 billion EPC project in Algeria
Petrofac, leading a joint venture with petrochemical industry specialist, China Huanqiu Contracting & Engineering Corporation (HQC), has received notification of a conditional award by STEP Polymers SPA (100% Sonatrach subsidiary) to execute a significant petrochemical project in Algeria. The total contract value is approximately US$1.5 billion, with Petrofac’s share valued at over US$1 billion.
