06.06.2019 – Milan, Italy

Maire Tecnimont S.p.A. announces that its subsidiary KT – Kinetics Technology was awarded an EPC (Engineering, Procurement and Construction) contract from a subsidiary of ENI in Angola. Eni has a cooperation agreement with Sonangol to realize upgrading projects of the Luanda Refinery.

The contract has a value of approximately USD 200 MLN and represents a major part of the cooperation agreement between ENI and Sonangol. Scope of Work includes Engineering, Procurement and Construction activities relating to two refining process units, namely one Naphtha Hydrotreater, including also the naphta splitting, and one Catalytic Reformer. The Scope of Work also includes some utilities and offsites, as well as the necessary tie-ins for the integration with the existing refinery.

Thanks to the new units, which will be started-up and tested in approximately 2 years from the starting date, it will be possible to quadruple the gasoline production of the sole refinery of the country, from 280 to 1,100 tons/day, improving the product’s quality and minimizing the global environmental footprint. Therefore, the project plays a crucial role in the ambitious national target to reach independency in the fuel supply.

Pierroberto Folgiero, Maire Tecnimont Group CEO, commented: “This award strengthens our relationship with a prestigious client like ENI, thanks to our technological orientation and focus on the capacity improvement and environmental sustainability in the hydrocarbon processing. Moreover, we consolidate our presence in the promising market of Sub-saharan Africa”.

Overall Project Value

$200,000.000

Project Value