• The contract relates to the upgrading of Luanda Refinery and consists of the installation of two process units and other utilities e offsites


Milan, 06 June 2019 - 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”.

Maire Tecnimont SpA
Maire Tecnimont S.p.A. is a company listed with the Milan stock exchange. It heads an industrial group (the Maire Tecnimont Group) that leads the natural resources processing sector (plant engineering in the oil&gas downstream industry, with specific technological and execution capabilities). Through its subsidiary NextChem the Group operates in the field of Green Chemistry and technologies supporting the energy transition. The Maire Tecnimont Group operates in approximately 45 different countries, numbering around 50 operative companies and a workforce of more than 6,300 employees, along with approximately 3,000 additional Electrical & Instrumentation professionals. For more information: www.mairetecnimont.com.

Institutional Relations and Communication
Carlo Nicolais, Tommaso Verani public.affairs@mairetecnimont.it       

Media Relations
Image Building    

Alfredo Mele, Alessandro Zambetti
Tel +39 02 89011300
mairetecnimont@imagebuilding.it
Investor Relations
Riccardo Guglielmetti
Tel +39 02 6313-7823
investor-relations@mairetecnimont.it