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Technip awarded contract by Ecopetrol for refinery in Colombia

French energy-services company Technip has been awarded by Ecopetrol, Colombia's State oil company, a project management consulting (PMC) contract worth approximately $50 million for the expansion of its refinery in Barrancabermeja, Colombia. The contract, on a unit rates and reimbursable ("cost plus fee") basis, covers front end design, detailed engineering and procurement services for the process units, as well as supervision of contractors' activities for engineering, procurement and construction (EPC).

This expansion will enable the Barrancabermeja refinery to produce gasoline and diesel in compliance with international environmental regulations regarding sulphur content reduction. The project is scheduled to be completed in the 4th quarter 2009.



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