Greek refinery lets contract for new naphtha complex
Motor Oil (Hellas) Corinth Refineries SA (MOH) has let a contract to TechnipFMC for services related to construction of a new naphtha treatment complex at MOH’s 185,000-b/d refinery in Agii Theodori, at Corinth, Greece, about 70 km outside Athens.
As part of the contract, TechnipFMC will deliver engineering, procurement, and construction management (EPCM) services for the proposed 22,000-b/d naphtha complex, which will include a naphtha hydrotreating unit, a platforming unit, and an isomerization unit, the service provider said.
The project also involves upgrading existing but unidentified utilities and offsite units to meet the requirements of the new complex, according to TechnipFMC.
Once completed, the complex will enable MOH to increase its production of Euro 5-quality gasoline as part of the operator’s strategy to expand production of clean fuels.
Valued at between $75-250 million, the EPCM contract follows MOH’s previous award to TechnipFMC for execution of front-end engineering design on the naphtha complex, which has been completed, the service provider said.
On May 29, privately held MOH’s board of directors approved construction of the naphtha treatment complex at total budgeted expenditure of €310 million.
The new complex, which will contribute to the refinery’s increased production of cleaner fuels as well as kerosine and hydrogen, is scheduled to be completed by yearend 2021, MOH said.
Robert Brelsford | Downstream Editor
Robert Brelsford joined Oil & Gas Journal in October 2013 as downstream technology editor after 8 years as a crude oil price and news reporter on spot crude transactions at the US Gulf Coast, West Coast, Canadian, and Latin American markets. He holds a BA (2000) in English from Rice University and an MS (2003) in education and social policy from Northwestern University.