The job of building an ethane cracker at the olefins 9 petrochemicals plant has been awarded to a partnership of France’s Technip and the local Nargan Consulting Engineers. The contract, worth at least Eur 200 million ($170 million), was signed in mid-September.
In winning the contract, Technip beat Linde of Germany and The Hague office of ABB Lummus Global. The three firms had been shortlisted in May by the National Petrochemical Company (MEED 28:7:00).
The turnkey contract covers basic and detailed engineering, procurement and supply of equipment and materials, supervision during construction and commissioning as well as training services.
Technip says its engineering centre in Rome will manage the contract’s activities while its centre in The Hague will design the cracker ‘s furnaces.
Nargan, a local private consulting engineer, will carry out the detailed engineering and procurement, and supply of equipment and materials of local origin.
Financing for the scheme is multi-sourced, with various European state export credit agencies providing cover.
The facility will have a capacity of 1 million tonnes a year and will be located in the Bandar Assaluyeh special zone.
Completion of the project is in 28 months.
Pars Petrochemical Company, a subsidiary of NPC, is responsible for running the plant.
Earlier in September, NPC awarded a $162 million contract for a gas separation plant for olefins 9 to Linde; Nargan is also partnering Linde (MEED 15:9:00). Other units at the proposed plant have yet to be awarded.
Technip has been active in several big projects in the country since the 1980s.