Technip Awarded Contract for a New Calcination Unit for a Coker Project in Abu Dhabi
PARIS--(BUSINESS WIRE)-- Regulatory News:
Technip (Paris:TEC) (ISIN:FR0000131708) (ADR:TKPPY) was awarded a significant contract(1) comprising technology, engineering services and supply of core equipment for Abu Dhabi Oil Refining Company - Takreer's new coke calcination unit. This new unit is part of the Carbon Black & Delayed Coker project being implemented adjacent to Takreer's existing Ruwais refinery located in the United Arab Emirates.
The unit will consist of two trains and is designed to process 700,000 tons per annum superior-quality anode green petroleum coke(2) through 2 kilns, thanks to the implementation of world-leading licensed technologies(3). The processed coke will be used as anode coke for Abu Dhabi's growing aluminium industry. Technip will support the EPC contractor, Samsung Engineering Co, Ltd, until the completion of the performance testing of the new unit.
Technip's operating center in Düsseldorf, Germany will execute the contract, which is scheduled to be completed by the fourth quarter of 2015.
Mesut Şahin, Managing Director of Technip in Germany, declared: "This contract follows the successful completion of the process design package for this new coke calcination unit for Takreer last year. The award reinforces the world-leading position of the rotary kiln and cooler technologies representing about 70% of the world's total calcined coke production capacity. We are proud for being entrusted to design and deliver our 7threference plant to our customers."
(1) For Technip, a "significant" onshore contract is ranging from €50 to €100 million.
(2) Raw petroleum coke that has physical and chemical properties which make it suitable to be used after calcination for fabrication of anode blocks required for the aluminium smelting process.
(3) Rotary Kiln and Coke Cooler technologies are the leading technologies of Technip and Metso in terms of world capacity to produce calcined petroleum coke which are both licensed by Technip for the Takreer project.
Technip is a world leader in project management, engineering and construction for the energy industry.
From the deepest Subsea oil & gas developments to the largest and most complex Offshore and Onshore infrastructures, our 36,500 people are constantly offering the best solutions and most innovative technologies to meet the world's energy challenges.
Present in 48 countries, Technip has state-of-the-art industrial assets on all continents and operates a fleet of specialized vessels for pipeline installation and subsea construction.
Technip shares are listed on the NYSE Euronext Paris exchange and the USA over-the-counter (OTC) market as an American Depositary Receipt (ADR: TKPPY).
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KEYWORDS: United Arab Emirates Europe France Middle East
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