Middle East Economic Survey
Honeywell Wins $60Mn Contract For Automation Of Arzew Refinery
Honeywell announced on 14 December it had been awarded a $60mn contract by Algerian state refiner Naftec for an automation project at the 54,000 b/d Arzew refinery. The work, which will start in 2005 and be complete by 2009, will modernize instrumentation systems that will in turn improve production and increase efficiency. Under the terms of the contract,...