French Technip Inks EUR 70 M Contract For Bulgarian Refinery

French oil services company Technip has been awarded a lump sum services contract for the phase 1 of a heavy residue hydrocracking complex to be built at their refinery located in the Bulgarian city of Burgas.

The contract is worth approximately EUR 70 M and has been awarded by Burgasnefteproekt EOOD (a Lukoil engineering subsidiary).

The contract covers the detailed engineering and procurement services for a 2.5 million tons/year residue hydrocracker based on Axens H-Oil process, as well as amine, sour water stripper and hydrogen production units.

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