TechnipFMC has signed a major engineering, procurement, and construction (EPC) contract with Assiut National Oil Processing Company (ANOPC) for the construction of a new hydrocracking complex for the Assiut refinery in Egypt.
This EPC contract covers new process units such as a vacuum distillation unit, a diesel hydrocracking unit, a delayed coker unit, a distillate hydrotreating unit as well as a hydrogen production facility unit using TechnipFMC’s steam reforming proprietary technology. The project also includes other process units, interconnecting, offsites and utilities.
The complex will transform lower-value petroleum products from Assiut Oil Refining Company’s (ASORC) nearby refinery into approximately 2.8 million tons per year of cleaner products, such as Euro 5 diesel.
“This award demonstrates TechnipFMC’s long-standing relationship with the Egyptian petroleum sector and strengthens our expertise in the delivery of complex projects in the country. It comes after successful execution of the FEED, reflecting our selective approach and the importance of being involved at a very early stage of any development. Assiut is considered one of the major strategic projects needed to meet growing local demand for cleaner products, and we are extremely honored to have been selected by ANOPC to contribute to the largest refining project to be implemented in Upper Egypt,” Catherine MacGregor, president of Technip Energies, said.
The company is working with ANOPC to complete the remaining conditions precedent to enable project work to commence. The company will include the contract award in its inbound when all the requirements are fulfilled.
For TechnipFMC, a “major” contract is over $1 billion.
Recommended Reading
Treasury’s New Hydrogen Tax Credit Regs Open Door to NatGas Producers
2025-01-05 - The U.S. Treasury Department’s long awaited 45V hydrogen tax credit will enable “pathways for hydrogen produced using both electricity and methane” as well as nuclear, the department said Jan. 3.
First Ammonia Awards FEED Contract to Worley for Gulf Coast Facility
2025-01-27 - First Ammonia awarded a FEED contract to Worley for its electric ammonia facility in Victoria, Texas, along the Gulf Coast.
PE Firm Hy24 Commits $50MM to StormFisher Hydrogen
2025-02-11 - The funding, made via Hy24’s Clean Hydrogen Infrastructure Fund, will go toward StormFisher Hydrogen’s efforts to produce clean fuel in North America.
Energy Transition in Motion (Week of Jan. 17, 2025)
2025-01-17 - Here is a look at some of this week’s renewable energy news, including more than $8 billion more in loans closed by the Department of Energy’s Loan Programs Office.
HNO International Enters $10MM Hydrogen Offtake Agreement
2025-01-30 - HNO International has agreed to supply hydrogen to a Texas-based company from its 1.25-megawatt hydrogen platform.