Técnicas Reunidas, jointly with its JV partners, TechnipFMC and Samsung Engineering, have been awarded a 4.2 billion USD contract from Bahrain Petroleum Company (Bapco) for the Bapco Modernization Program (BMP). The project is located on Bahrain’s Eastern coast and entails the expansion of the capacity of the existing Sitra oil refinery from 267,000 up to 360,000 barrels per day, improve energy efficiency, monetization of the bottom of the barrel, enhancing products slate and meeting environmental compliance.
The project will be executed on engineering, procurement, construction and commissioning (EPCC) lump sum turnkey basis and is slated for completion in 2022. It includes the following main units: Residue Hydrocracking Unit, Hydrocracker Unit, Hydro Desulfurization Unit, Crude Distillation Unit, Vacuum Distillation Unit, Saturated Gas Plant, Hydrogen Production Unit, Hydrogen Recovery Unit, Sulphur Recovery Unit , Tail Gas Treatment Unit, Sour Water Stripper Unit, Amine Recovery Unit, Bulk Acid Gas Removal Unit, Sulphur Solidification Unit and Sulphur Handling Facilities. Utilities and offsites are also part of the scope.
The BMP project draws from the experience of the joint venture partners who builtexpertise steadily over years in Bahrain as well as in the Region.
The scope of the Project for Técnicas Reunidas, whose share on the total contract value is 1.35 billion USD, will be the detail engineering of some of the most complex units, as the Crude Unit, Vacuum Unit, Hydrocracker, Saturated Gas Plants 1&2, and of other Auxiliary Facilities, and will also directly participate in the Directorate of the JV in the Procurement and Construction activities for the whole project.
The investment in refineries upgrade is an ongoing trend in the refining industry, as enhancing profitability is key for maintaining the competitiveness of existing facilities.
Técnicas Reunidas’ strong execution capabilities in this type of strategic investments, like the one of BMP, are crucial for the development of the oil and gas industry and adds this project to its extended track-record on refining.
The Middle East is a key area for Técnicas Reunidas where the company has executed more than 25 projects, with an aggregate value of around 20 billion € in the last ten years.
The company is present in this Region in countries like Saudi Arabia, Kuwait, Oman, United Arab Emirates and now also Bahrein.
About Técnicas Reunidas
Técnicas Reunidas is one of the main international engineering and construction companies in the sectors of production of oil and gas, petrochemical and power generation for a wide range of clients worldwide. Since 1960 it has designed and built over 1000 industrial plants in over 50 countries.
About TechnipFMC
TechnipFMC is a global leader in subsea, onshore/offshore, and surface projects. With our proprietary technologies and production systems, integrated expertise, and comprehensive solutions, we are transforming our clients’ project economics.
We are uniquely positioned to deliver greater efficiency across project lifecycles from concept to project delivery and beyond. Through innovative technologies and improved efficiencies, our offering unlocks new possibilities for our clients in developing their oil and gas resources.
Each of our more than 40,000 employees is driven by a steady commitment to clients and a culture of purposeful innovation, challenging industry conventions, and rethinking how the best results are achieved.
About Samsung Engineering
Founded in 1970, Samsung Engineering has grown from a modest domestic engineering firm to a globally recognized name in the EPC market. Attracting talent from around the world, Samsung Engineering has broadened its business portfolio to a full range of engineering services: upstream and downstream hydrocarbon facilities; power plants; water and waste treatment plants; and industrial production facilities.
About Bapco
Wholly owned by the Government of Bahrain, Bapco is engaged in the oil industry including refining, distribution of petroleum products and natural gas, sales and exports of crude oil and refined products. The company owns a 264,000 barrel-a-day refinery, storage facilities for more than 14 million barrels, a marketing terminal and a marine terminal for its petroleum products.
Técnicas Reunidas: is one of the leading international engineering and construction companies for oil and gas production, refining and petrochemicals and power generation projects for a broad spectrum of customers throughout the world. Since 1959, TR has designed and built more than 1,000 industrial plants worldwide in more than 50 countries.