Técnicas Reunidas wins a contract of 1,280 million in the Arab Emirates

Técnicas Reunidas wins a contract of 1,280 million in the Arab Emirates


MadridUpdated:

Técnicas Reunidas has been awarded a turnkey project which includes the start-up of a new oil collection system in the United Arab Emirates for an estimated amount of 1,280 million euros.

Specific, the Adnoc Onshore company has issued an award letter to Técnicas Reunidas for the engineering and construction part of the project although the final agreement, which is in the process of being finalized, is expected to be signed during the next few weeks, as the company has indicated to the National Commission of the Stock Market (CNMV).

The contract, turnkey, will have a execution period of 39 months. The scope of the contract will include engineering, supply of equipment and materials, construction, precommissioning, commissioning, testing and commissioning of a new crude collection system.

In addition, it includes new gas compression installations and a new water injection network, as well as the modernization of the water treatment facilities of the existing plant.

In mid-September, a consortium led by Técnicas Reunidas was awarded a contract for the design, supply and construction of a gas treatment plant in the United Arab Emirates for 764 million euros.

Técnicas Reunidas is one of the leading engineering and construction companies in the oil and gas, refining, petrochemical and power generation sectors for a wide variety of clients around the world. Since 1960, Técnicas Reunidas has designed and built more than 1,000 industrial plants in more than 50 countries.

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