The Nigerian National Petroleum Corporation (NNPC) has signed an Engineering, Procurement & Construction (EPC) contract with Tecnimont SpA. The deal is for the rehabilitation of Port Harcourt Refining Company (PHRC).
This was disclosed by NNPC via its official Twitter handle on Tuesday.
#BREAKING:@NNPCgroup, Tecnimont SpA Sign-off on Engineering, Procurement & Construction (EPC) Contract for the Rehabilitation of #PHRC.
MD #PHRC, Engr. @ahmed_dikko
signed for #PHRC, while Mr. Davide Pellizola, @MaireTecnimont‘s VP, Sub-Saharan Africa signed for his company. pic.twitter.com/9W3lkv4BJm— NNPC Group (@NNPCgroup) April 6, 2021
The Federal Executive Council (FEC) had on the 17th of March approved $1.5 billion (about N600 billion) for the rehabilitation of the Port Harcourt refinery.
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