NNPC, Italian firm Technimont ink $1.5bn deals For PH Refinery Repair

  The Nigerian National Petroleum Corporation and Italian Engineering giant, Maire Tecnimont, have signed off on the $1.5 billion contract to repair the Port Harcourt Refinery. The contract was signed on Tuesday morning by the Managing Director of the Refinery, Ahmed Dikko as well as the Vice President ofTecnimont, Sub-Saharan Africa, Davide Pellizola. Tecnimont SpA, an Italian engineering company, is to handle the engineering procurement and construction (EPC) contract for the rehabilitation of the 210000 barrels per day capacity refinery in Rivers state, Southsouth Nigeria. The contract is expected to…

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