MAIRE wins ~€1.3bn in new awards, including large E&C project and urea plant licensing & PDP
Key highlights
- New awards and additional works totalling approximately €1.3 billion across Asia, Europe and the Americas.
- Tecnimont will execute a large-scale onshore project to optimize oil & gas process units and utilities.
- KT will carry out an EPC upgrade of an existing refinery.
- Stamicarbon (Nextchem) secured licensing and process design package for a urea plant; further details pending completion of formalities.
Overview
MAIRE announced new awards and additional works related to previously announced orders totalling approximately €1.3 billion across Asia, Europe and the Americas, covering its Integrated E&C Solutions (IE&CS) and Sustainable Technology Solutions (STS) business units; further details are pending completion of formalities.
IE&CS projects
In IE&CS, Tecnimont was awarded a large-scale onshore contract to optimize existing oil & gas facilities, including process units and utilities, and KT will execute an EPC upgrade of an existing refinery.
STS licensing
In STS, Stamicarbon, Nextchem’s licensing subsidiary, secured licensing and process design package (PDP) activities for a urea plant.
Source: Maire