Maire Tecnimont announced that its subsidiary Tecnimont, as majority leader of the Consortium including MT Russia, Sinopec Engineering Group Co, working on the Engineering, Procurement and Construction Contract for the Amur Gas Processing Plant – UI&O, has signed an agreement with the client JSC NIPIgazperabotka stipulating an additional value for the acceleration of the work necessary to reduce the impacts generated by COVID-19 pandemic. The additional compensation is worth approximately €500 million, representing 12.8% of the overall value of the original contract communicated to the market. The Amur Gas Processing Plant – UI&O, a project which Maire Tecnimont Group is currently executing in Svobodny city – located in the Amur region in the Far East of the Russian Federation, close to the border with China – is at an advanced construction and pre-commissioning phase, and the first commissioning activities have been started.
UPDATES:
- Apr, 17 2026 Lutz Holding expands into Italy with new Milan branch
- KSB increases its stake in AI-Omatic
- Apr, 15 2026 Saipem awarded two offshore contracts in the Kingdom of Saudi Arabia worth approximately 400 million USD
- Midland Industries Acquires HVAC Components Distributor TSI
- Heisco lands $563mln Kuwait Oil Company contract