Milan, 30 November 2020 – Maire Tecnimont S.p.A. announces that its subsidiary Tecnimont S.p.A., as majority leader of the Consortium including MT Russia LLC, Sinopec Engineering Group Co, working on the Engineering, Procurement and Construction Contract for the Amur Gas Processing Plant - UI&O, has signed an agreement with the client JSC NIPIgazperabotka stipulating an additional value for the acceleration of the work necessary to reduce the impacts generated by COVID-19 pandemic. The additional compensation is worth approximately €500 million, representing 12.8% of the overall value of the original contract communicated to the market. The Amur Gas Processing Plant - UI&O, a project which Maire Tecnimont Group is currently executing in Svobodny city – located  in the Amur region in the Far East of the Russian Federation, close to the border with China – is at an advanced construction and pre-commissioning phase, and the first commissioning activities have been started.

Maire Tecnimont S.p.A.
Maire Tecnimont S.p.A., listed on the Milan Stock Exchange, heads an industrial group which leads the global natural resource conversion market (downstream oil & gas plant engineering, with technological and executive expertise). Its subsidiary NextChem operates in the field of green chemicals and technologies in support of the energy transition.  The Maire Tecnimont Group operates in approx. 45 countries, though approx. 50 operative companies and about 9,100 people. For further information: www.mairetecnimont.com.

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