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Stock Market & Financial Investment News

News Breaks
November 15, 2012
05:34 EDTTKPPYTechnip upgraded to Neutral from Reduce at Nomura
News For TKPPY From The Last 14 Days
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September 16, 2014
05:29 EDTTKPPYTechnip awarded significant contract for new refinery units by BAPCO
Technip was awarded a significant contract on a reimbursable basis by the Bahrain Petroleum Company, or BAPCO, to develop the Front-End Engineering Design, or FEED, of the refinery located in the Kingdom of Bahrain. The FEED contract covers four main work packages that include units aimed at processing the “bottom of the barrel” components to high value products, and all associated offsites and utilities to provide seamless integration with existing refinery facilities earmarked for retention post this major modernization. The project aims at enhancing the refinery configuration, by increasing the throughput from 267,000-360,000 barrel per day as well as improving the product slate and profitability. Technip’s operating center in Rome, Italy, in cooperation with Technip’s operating center in Abu Dhabi, United Arab Emirates, will execute the contract, scheduled to be completed at the end of 2015.

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