VOL. XLII

No. 37

13-September-1999

FSU

Turkmenistan Awards Lube Plant Contract To Technip

The French energy services company Technip announced on 7September that Turkmenistan痴 Ministry of Oil and Gas has awarded TechnipGermany a lump sum contract worth DM350mn ($194mn) for the design andconstruction of a lube oil plant in the Turkmenbashi oil refinery complex onthe Caspian Sea. The project covers the revamping of an existing 850,000ton/year vacuum distillation unit and the grass roots...