Port Harcourt Refinery Rehabilitation: NNPC, Tecnimont SpA sign US$1.5bn contract
Amaka E. Nliam
The Nigerian National Petroleum Corporation (NNPC) has signed a 1.5 billion-U.S dollar Engineering, Procurement and Construction contract with Tecnimont S.p.A, a subsidiary of Maire Tecnimont S.p.A, an Italian company, for the rehabilitation of the Port-Harcourt Refining Company #PHRC in Southern Nigeria.
The Managing Director of the Port Harcourt Refining Company (PHRC), Engr. Ahmed Dikko, signed for PHRC, while Mr. Davide Pellizola, @MaireTecnimont‘s VP, Sub-Saharan Africa, signed for his company.
The project is aimed at restoring the complex to a minimum of 90% of its nameplate capacity. The complex is composed of two refineries totaling an overall capacity of approximately 210,000 bpd (barrels per day).
According to Maire Tecnimont S.p.A, the project will be delivered in phases from 24 and 32 months and the final stage will be completed in 44 months from the award date.
#BREAKING:@NNPCgroup, Tecnimont SpA Sign-off on Engineering, Procurement & Construction (EPC) Contract for the Rehabilitation of #PHRC.
MD #PHRC, Engr. @ahmed_dikko
signed for #PHRC, while Mr. Davide Pellizola, @MaireTecnimont's VP, Sub-Saharan Africa signed for his company. pic.twitter.com/9W3lkv4BJm— NNPC Group (@NNPCgroup) April 6, 2021
Speaking at the Sign-Off Ceremony in Abuja, Group Managing Director of the NNPC, Mallam Mele Kolo Kyari, @MKKyari assured,
“I can confirm to you that nobody has been delegated by anybody in this company to work for (the interest of) anyone other than the mandate of delivering on this rehabilitation project.
“Mr President promised Nigerians he’ll fix the refineries. We are happy to deliver on this Presidential mandate.
“We’ll continue this process to also deliver on both Warri and Kaduna Refineries.”
PHOTO NEWS:
Images from the historic Sign-off Ceremony of Engineering, Procurement & Construction (EPC) Contract for the Rehabilitation of Port Harcourt Refining Company (#PHRC) between @NNPCgroup & Tecnimont SpA at the #NNPCTowers, today @MaireTecnimont @MKKyari @ahmed_dikko pic.twitter.com/PxX1xwtGJH
— NNPC Group (@NNPCgroup) April 6, 2021
Amaka E. Nliam