Skanska lands oil refinery contract from Petrobras

Published: 12-Mar-2010

Skanska has been awarded a contract by Petrobras to construct the first phase of a new refinery for crude oil in Brazil.

The total contract value is $23 million, of which Skanska’s share is 40%, corresponding to about $250 million, which will be included in order bookings for the first quarter. The contract is for the first processing unit of a new oil refinery at Petrobras Petrochemical Complex in the Rio de Janeiro state.

The project relates to a crude and distillation unit for crude oil entering the refinery. The unit will have the capacity to process about 150,000 barrels a day. Skanska will head the consortium responsible for design, detailed engineering executions and construction of the facilities, including electromechanical installations. The contract also encompasses the procurement of material and equipment and Skanska will also provide assistance in connection with start up and operation.

Work is scheduled to commence immediately and will be completed within 36 months. About 3,000 workers will be involved when work on the project is at its peak.The facilities at Petrobras Petrochemical Complex, Comperj, will cover an area of 45 square kilometers and will be operational during 2013.

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