France’s Technip secures engineering deal for Gabon ferts project

15 September 2011 07:28  [Source: ICIS news]

SINGAPORE (ICIS)--French company Technip said on Thursday it has secured an engineering contract for an ammonia-urea fertilizer facility in Gabon, western Africa.

Financial details of the contract were not disclosed.

The proposed project by Gabon Fertilizers Co, to be built at Port Gentil, includes a 2,200 tonne/day ammonia plant and a 3,850 tonne/day granulated urea plant with self-sufficient utility and offsite units and product export facilities, Technip said in a statement.

“Under this contract, Technip will perform the front-end engineering design for the project as well as the detailed cost estimate for the engineering, procurement and construction phases,” the company said.

Gabon Fertilizers is a wholly-owned subsidiary of Olea Investments Pty – Singapore, which is 62.9% owned by commodities firm Olam International, with India’s TATA Chemicals and the Gabon government owning 25.1% and 12% stakes, respectively.

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By: Pearl Bantillo
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