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Maire Tecnimont wins $500mln order in Saudi Arabia, shares rise

Maire Tecnimont wins $500mln order in Saudi Arabia, shares rise
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Saudi arabiaMaire tecnimontGlobal investment companyTecnimont arabiaTecnimont spaTecnimont arabia limitedAdvanced global investment companySaudi arabia basedசவுதி அரேபியாமேர் டெக்ணிமோண்ட்உலகளாவிய முதலீடு நிறுவனம்டெக்ணிமோண்ட் அரேபியாடெக்ணிமோண்ட் ஸ்பாடெக்ணிமோண்ட் அரேபியா வரையறுக்கப்பட்டவைசவுதி அரேபியா அடிப்படையிலானது

Maire Tecnimont wins $500 million order in Saudi Arabia, shares rise

Maire Tecnimont wins $500 million order in Saudi Arabia, shares rise
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Ash sharqiyahSaudi arabiaMaire tecnimontThomson reuters trust principlesGlobal investment companyTecnimont arabiaTecnimont spaTecnimont arabia limitedAdvanced global investment companySaudi arabia basedMilan all shareFederica ursoThomson reuters trustசவுதி அரேபியாமேர் டெக்ணிமோண்ட்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்

IPMAN lauds FG for rehabilitation of Port Harcourt refinery

Lagos, April 7, 2021 The Independent Petroleum Marketers Association of Nigeria (IPMAN) has lauded the Federal Government for its effort to rehabilitate the Port Harcourt Refinery. IPMAN’S president, Mr Chinedu Okoronkwo, told newsmen on Wednesday in Lagos that having functional refineries was in the best interest of the nation. Naija247news reports that the Nigerian National Petroleum Corporation (NNPC) and an Italian company, Tecnimont SpA, had on Tuesday signed an agreement for the rehabilitation of the 210,000BPD refinery at a sum of 1.5 billion dollars. The rehabilitation project has a completion timeline of between 18 and 44 months under a three-phase arrangement. Okoronkwo said: “We believe that rehabilitation of the PH refinery is a welcome development because it has been in a moribund state for some time.

Port harcourtChinedu okoronkwoNigerian national petroleum corporationPetroleum marketers association of nigeriaIndependent petroleum marketers associationFederal governmentTecnimont spaபோர்த் ஹர்கார்ட்நைஜீரியன் தேசிய பெட்ரோலியம் நிறுவனம்பெட்ரோலியம் சந்தைப்படுத்துபவர்கள் சங்கம் ஆஃப் நைஜீரியாசுயாதீனமான பெட்ரோலியம் சந்தைப்படுத்துபவர்கள் சங்கம்கூட்டாட்சியின் அரசுடெக்ணிமோண்ட் ஸ்பா

NNPC Signs $1 5billion Contract for Rehabilitation of PH Refinery

Spread the love …To Award Warri, Kaduna Refineries Rehab EPC in June (AFRICAN EXAMINER) – The drive by the Management of the Nigerian National Petroleum Corporation (NNPC) to boost in-country refining capacity was bolstered on Tuesday with the signing of the Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract for the rehabilitation of the 210,000 barrels per day capacity Port Harcourt Refinery in Alesa-Eleme, Rivers State. The rehabilitation project which has a completion timeline of between 18 and 44 months under a three-phase arrangement was awarded to Milan based Tecnimont SpA at a lump sum contract price of US$1.5 billion, inclusive of VAT and other statutory payments.

Port harcourtRivers stateDavide pelizzolaMuhammadu buhariAhmed dikkoMele kyariManagement of the nigerian national petroleum corporationNigeria union of petroleumDavide pelizzolam groupPort harcourt refining companyNigeria extractive industries transparency initiativeNatural gas senior staff association of nigeriaInfrastructure concession regulatory commissionAfrican examinerbusinessLatest newsKaduna refineries rehab

NNPC signs N570bn contract for PH refinery repair

The Nigerian National Petroleum Corporation (NNPC) has signed a contract with a Milan based company, Tecnimont SpA for the rehabilitation of the 210,000 barrels per day Port Harcourt Refinery Company (PHRC) in Alesa-Eleme, Rivers state. Recall that the Federal Executive Council (FEC) recently approved the sum of $1.5 billion (about N570 billion) for the project which has a completion timeline of between 18 and 44 months under a three-phase arrangement. Speaking during the Engineering, Procurement and Construction (EPC) contract signing ceremony on Tuesday, the Group Managing Director of NNPC, Mallam Mele Kyari said, “Mr President promised Nigerians he will fix the refineries.” He assured that the same transparent process has been emplaced for the rehabilitation of the Warri and Kaduna Refineries whose EPCIC contracts would be awarded in June 2021.

Port harcourtDavide pellizolaAhmed dikkoMele kyariNigerian national petroleum corporationPort harcourt refinery companyTecnimont spaFederal executive councilGroup managing directorMallam mele kyariKaduna refineriesManaging directorVice presidentSub saharan africaKaduna refineryWarri refinery