VOL. XLI

No. 51

21-December-1998

QATAR

QVC Awards Technip/Uhde $430Mn Contract For Petrochemical Complex

The Qatar Vinyl Company (QVC) the joint venture set up inJanuary 1997 between the Qatar General Petroleum Corporation (25.5%), the QatarPetrochemical Company (31.9%), Norsk Hydro (29.7%) and Elf Atochem (12.9%) hasawarded a $430mn contract to Italys Technip and Germanys Krupp Uhde for thedesign and construction of its projected petrochemical complex to be built at the Mesaieedindustrial...