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| Tecnicas Reunidas awarded a project in Russia and another in Turkey Spanish engineering company Tecnicas Reunidas has recently been awarded a services contract in Russia for LUKOIL.s refinery in Volgograd, and a Lump-Sum Turn Key (LSTK) contract in Turkey for the state-owned gas distribution company, BOTAS. The contract for the LUKOIL Refinery, one of the ten largest oil companies in the world and the second largest in Russia, consists of the development of the Frond End Engineering and Design (FEED) of a hydrocracker complex, which runs on technology by UOP. The design of this complex should be completed by the summer of 2012 and will require more than two hundred thousand man-hours of engineering for Tecnicas Reunidas. The refinery in Volgograd claims a processing capacity of 160,000 bpd of oil (8 million tons per year). The completion of this project will strengthen this refinery's leading position among the Russian refineries, with a high conversion factor of light products. In Turkey, the state-owned gas distribution company, BOTAS, has awarded Tecnicas Reunidas the execution of a natural gas compression station under a Lump-Sum Turnkey Contract. The project will be completed by the end of 2012. This is a crucial project for Turkey and a key strategic investment for the supply of gas f rom producing countries in the Caspian region to the central network in Turkey. Furthermore, in the future this gas could be exported from Turkey to the rest of Europe. Both awards combined carry an award volume of around 100 million dollars. write your comments about the article :: © 2011 Construction News :: home page |