Refining & Petrochemicals Middle East
Maire Techmont is a leading industrial group in the natural resources transformation sector: technology, engineering & construction in the Oil & Gas downstream and in the energy transition.
Since 1927, as engineering centre of Italy’s chemical and energy conglomerates, and then as independent brand since 1973, the company’s long experience in managing complexity is complemented with a flexible business model ready to quickly adapt to market evolvement.
Tecnimont’s expertise in realizing mega projects all over the world has positioned the company among the top-notch players, with outstanding references in the management of large integrated turnkey complex projects by acting as the EPC contractor for the Client.
During the year 2021, the company won whopping $4 billion worth contracts in UAE and Saudi Arabia. In April the company’s subsidiaries Tecnimont S.P.A. and Tecnimont Arabia have been awarded by Advanced Global Investment Company (AGIC) a package of the Integrated PDHPP complex project, relating to the realization of two polypropylene units on an engineering procurement and construction lump sum turn-key basis.
The total contract value was around $500 million. The project scope of work entails complete engineering services, equipment and out of kingdom material supply and in kingdom material supply, erection and construction activities up to start up and guarantee test run. The project completion is expected by the second quarter of 2024.
Towards the end of 2021, the company signed three EPC contracts with Abu Dhabi Polymers Company Ltd (Borouge) relating to the fourth expansion phase (Borouge 4) of the Ruwais poly-olefins complex in Ruwais, about 240 kilometres west of Abu Dhabi City. The overall value of the three contracts, awarded on the basis of a competitive bidding process, is approximately
The company won contracts worth $4 billion in the GCC region in 2021