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Sinopec Engineering signed contract with Petronas

Staff writer ▼ | September 2, 2014
Sinopec Engineering entered into an EPCC (engineering, procurement, construction and commissioning) package contract of Project RAPID with PRPC, a subsidiary of Petroliam Nasional Bhd (Petronas).
Cooperation   The total contract value is approximately $1.329 billion
The total contract value is approximately $1.329 billion (approximately HK$10.30 billion).

Located in the region of Pengerang, Johor, Malaysia, Project RAPID (Refining And Petrochemical Integrated Development) is a substantial oil refining and petrochemical integrated engineering project owned by Petronas.

Project RAPID will contribute towards meeting the growing demands for oil products and chemical material in Southeastern Asia. The work scope of SEG under the Contract includes a 15 million tons per annum (Mtpa) Crude Distillation Unit, an 8.8 Mtpa Atmospheric Residue Desulphurization Unit, a Hydrogen Collection and Distribution Unit and a Fuel Oil System. The expected contract term is 52 months.

SEG is an oil refining, petrochemical and new coal chemical engineering company in the PRC. The Company’s engineering service covers a number of industries including oil refining, petrochemicals, new coal chemicals, inorganic chemicals, pharmaceutical chemicals and clean energy.

The Company provides an integrated service chain from technological R&D, licensing, consulting, financing-assistant, procurement, construction, commissioning and start-up services.