RusTechnip awarded a significant service contract in Russia

abarrelfullabarrelfull wrote on 01 Jan 2017 21:05

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July 27, 2016

Building upon Group’s strategic focus on early involvement

RusTechnip(1) has been awarded a significant(2) service contract for the existing Gazprom Neft Refinery located in Omsk, Russia.

The scope of work covers the engineering, procurement and construction management services (EPsCm) for the construction of a new Crude Distillation Unit – Vacuum Distillation Unit complex.

It will benefit from the knowledge gained during the FEED(3) of the project, previously realized by the Group.

This award validates Technip’s strategy of early involvement to design an effective project execution scheme.

Marco Villa, President of EMIA Region(4), commented: “We are proud of this contract award, which is a strong recognition of our capabilities and dedication to build long lasting relationships with our clients. This contract reinforces Technip’s presence in the Russian market.”

(1) RusTechnip is an operating joint-venture between Technip and a Rostec State Corporation subsidiary CJSC, Rustechexport.
(2) For Technip, a “significant” onshore contract is ranging from €50-€100 million.
(3) FEED: Front End Engineering Design.
(4) Technip EMIA Region covers the following geographical region: Europe, Russia, Middle East, India, Africa and Latin America for Onshore-Offshore segment.

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