10 Apr Nigeria awards contract for rehabilitation of Port Harcourt refining complex
The Nigerian government’s Federal Executive Council (FEC) has awarded Tecnimont SPA, (an international leader in large-scale contracting for the EPC sectors and a subsidiary of Maire Tecnimont SPA), a contract to carry out the rehabilitation of the Port Harcourt refining complex in River state.
Featuring a 60,000-b/sd hydro skimming refinery and 150,000-b/sd full-conversion refinery, the Port Harcourt complex is owned by Port Harcourt Refining Co. Ltd. (PHRC), a subsidiary of Nigerian National Petroleum Corp. (NNPC).
The overall contract’s value is approximately US$ 1.5bn according to Maire Tecnimont S.p., the Italy-based company at the head of an international industrial group specialized in the transformation of natural resources particularly plant engineering in downstream oil & gas.
Scope of the project
As part of the contract, Tecnimont SPA will deliver engineering, procurement, and construction (EPC) activities for the full rehabilitation project, which aims to restore the complex to a minimum of 90% of its nameplate capacity.
The project will be executed in phases over 24 to 32 months, with the final stage expected to be completed by the end of the year 2024, or 44 months from the date the contract was awarded.
Mallam Mele Kyari, NNPC’s group managing director, assured that NNPC will continue to move forward with the presidential mandate to fix the country’s federally owned refineries, which will include future works at NNPC subsidiaries Warri Refining & Petrochemcial Co. Ltd.’s 125,000-b/sd refinery in Delta state, and Kaduna Refining & Petrochemical Co. Ltd.’s 110,000-b/sd refinery in Kaduna state.