Oil Egypt accountACCOUNT King Tut

Award Builds on Company's Extensive Experience in the Middle East

Source: www.gulfoilandgas.com 4/19/2017, Location: Egypt

Share |
Bechtel has been awarded two contracts by Carbon Holdings of Egypt: one to provide project management services for the Tahrir Petrochemicals Complex at Ain Sokhna, Egypt, and one to build two new polypropylene units at an adjacent site. In its project management role, Bechtel will have oversight of project execution and contractor performance on what will be the largest petrochemicals complex in Egypt.

"For decades we have partnered with customers, contractors, and suppliers in Egypt and the region to safely deliver quality industrial facilities. These awards allow us to continue the legacy with the delivery of world-class facilities for Carbon Holdings," said Joe Thompson, general manager of Bechtel's Downstream and Chemicals business. "At the same time, the project will use goods and services from the United States, supporting jobs and creating opportunities for small businesses in the country."

Basil El Baz, the Chairman and CEO of Carbon Holdings, added, "We are very pleased to be working with Bechtel. The selection of a world-class contractor is critical to ensuring the successful delivery of a facility as large and as complicated as Tahrir Petrochemicals." "Approximately 20,000 Egyptians will be directly employed during the peak construction phase with approximately 3,000 engineers and technicians being employed during the operations phase."

Bechtel will also design, build and procure all the equipment and materials for the polypropylene production expansion at the complex's existing Oriental Petrochemicals site.

Mr. El-Baz also noted that "This new petrochemical plant will produce the basic materials that shall facilitate the domestic manufacturing of some of the most basic products that are required for the industrialization process. This project shall effectively increase Egypt's overall exports by an estimated 110% - Tahrir Petrochemicals is without a doubt a game changer for the Egyptian economy."

Bechtel has successfully delivered complex petrochemical projects for more than 60 years, including signature projects such as the Borouge Petrochemical Complex in Abu Dhabi, CSPC Nanhai in China, and LP-7 in Canada. The company is currently building an ethylene plant in Texas for ExxonMobil.

For more information about related Opportunities and Key Players visit Egypt Oil and Gas Projects

Egypt >>  12/3/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed with the Spanish Ambassador to Egypt, Ramon Gil-Casares, ways of boosting ...
Egypt >>  11/24/2018 - Egypt sees increasing interest from U.S. energy companies in developing its offshore oil and natural gas resources and expects them to participate in ...

Egypt >>  11/19/2018 - Petroleum Minister Tareq el Mulla had talks with US Assistant State Secretary for Energy Resources Francis R. Fannon on means of promoting cooperation...
Egypt >>  11/19/2018 - TransGlobe Energy Corporation announces the test results for the South Ghazalat 6X oil discovery. As announced on November 8th, 2018, the Company dril...

Egypt >>  11/14/2018 - Indorama Ventures Public Company Limited (IVL) has completed the acquisition of 74% of the share capital of Medco Plast for Packing and Packaging Syst...
Egypt >>  9/25/2014 - Egypt's state-run Egyptian General Petroleum Corporation (EGPC) declared that Egypt received a share of the foreign partnerís oil and gas revenues of ...

Related Categories: Consultants  Design/construction/Engineering Graphics  Engineering  General  Production Engineering  Project & Resource Management  Training & Education 

Related Articles: Consultants  Design/construction/Engineering Graphics  Engineering  Production Engineering  Project & Resource Management  Training & Education 

More News

Oil & Gas Projects in Egypt >>

Oil & Gas Companies in Egypt >>

Related Links

Oil Egypt E-Marketplace - Subscription Packages - Benefits

Copyright © Universal Solutions S.A.E. All rights reserved. Privacy Policy. - Career Opportunities - Feedback - Contact Us