Wood has secured a contract valued at over $120 million with a certain refining and chemical company to provide engineering, procurement and construction (EPC) services to expand its refinery development in this area.
Once completed, the ethylene renovation and expansion project will produce up to one million tonnes of ethylene derivatives and refined oil on an annual basis and is expected to boost economic growth in the country's downstream sector by more than $14.1 billion.
Under the new contract, EPC services for the sitewide pipe rack and associated pipework, cables for power, telecommunications and lighting will be delivered by Wood’s engineering and project management teams based on site.
Mike Collins, Wood’s Executive President of Projects comments:“We are delighted to win this new contract which demonstrates the strength of our long-standing relationship with the client and their confidence in our extensive EPC expertise in the petrochemical sector.
“We look forward to continuing our partnership to deliver this project safely, sustainably and on-time, making a positive contribution to this significant development.
“Wood is uniquely placed to leverage our engineering design expertise and global petrochemical track record to play a significant role in the growth of it’s business and the economic development , boosting the local supply chain.”
