Technip Awarded Contract for Petronas Rapid Project

Technip says it has been awarded a front-end engineering design contract by Petronas for its previously announced Refinery and Petrochemicals Integrated Development (Rapid) project at Pengerang in the state of Johor, southern Malaysia. The contract is scheduled for completion in the second semester of 2013. Earlier this month, Petronas and BASF signed a heads of agreement to jointly develop several downstream projects within the Rapid complex. Through the Rapid project, Petronas will build a world-scale integrated refinery and petrochemical complex to meet the...

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