published Tue, March 13, 2012
Technip awarded an engineering contract for PETRONAS’ RAPID project
Technip has been awarded a front-end engineering design (FEED) contract by PETRONAS for its proposed Refinery and Petrochemical Integrated Development (RAPID) project located in the state of Johor, Malaysia.
RAPID aims at building a world-scale integrated refinery and
petrochemical complex to answer the growing need for specialty
chemicals and to meet the demand for petroleum and commodity
petrochemical products in the Asia Pacific region by 2016.
The proposed refinery will have a capacity of 300,000 barrels per
standard day and will supply naphtha and liquid petroleum gas
feedstock for the RAPID petrochemical complex, as well as produce
gasoline and diesel that meet European specifications.
The petrochemical units, on the other hand, will enhance the value
of the olefinic streams coming from the RAPID steam cracker by
producing various merchant grades petrochemicals products such as
polyethylene, polypropylene, synthetic rubbers and other
Thierry Pilenko, Chairman and CEO of Technip, stated: "This award
builds on our long-term presence in Asia Pacific and confirms our
leadership in the refining and petrochemical sectors. By combining
the expertise and the teams of our operating centers in Kuala
Lumpur (Malaysia), Paris and Lyon (France), we will be able to
provide PETRONAS with the best technological solution and execution
The contract is scheduled for completion in the second semester of
Technip is a world leader in project management, engineering
and construction for the energy industry.
From the deepest Subsea oil & gas developments to the
largest and most complex Offshore and Onshore infrastructures, our
30,000 people are constantly offering the best solutions and most
innovative technologies to meet the world's energy
Present in 48 countries, Technip has state-of-the-art
industrial assets on all continents and operates a fleet of
specialized vessels for pipeline installation and subsea