France’s TechnipFMC announced on 30 November the start of engineering, procurement and construction (EPC) work on a new hydrocracking complex to be built alongside the 4.5mn t/y (90,000 b/d) Assiut refinery in southern Egypt.
TechnipFMC describes the contract, which it was awarded in July, as “major” (over $1bn); earlier costings were $2.5bn (MEES, 21 February). (CONTINUED - 312 WORDS)
