Awards for an overall value of approximately USD 90 million in the technology-driven core business

Milan, 04 September 2019

Maire Tecnimont S.p.A. announces that some of its main subsidiaries have been granted several awards for a total amount of approximately USD 90 million for licensing, engineering services, EP (Engineering–Procurement) and EPC activities.

These contracts, awarded by some of the most prestigious international clients, have been granted mainly in the Russian Federation and Europe.
In particular, Tecnimont S.p.A., through its affiliate OOO Tecnimont Russia, has been awarded a Lump Sum contract by OOO Stavrolen, a subsidiary of PJSC Lukoil (“Lukoil”), for the engineering design, procurement and construction activities for the revamping of a compounding line of the existing Polyethylene units within its petrochemical complex in Stavropolskiy Region, in the Russian Federation.

Other projects have been awarded in Oil and Gas Refining e Fertilizers.
Pierroberto Folgiero, Maire Tecnimont Chief Executive Officer, commented: “These awards confirm our focus in the technology-driven core business. In particular we are really glad to consolidate our cooperation with Lukoil, leveraging our strong capabilities in carrying out revamping projects, as part of our business strategy.”

Source: https://www.mairetecnimont.com/