Saipem has won the contract for the development of the Qafco 5 project, involving new ammonia and urea plants within the Qafco industrial complex, located in the Mesaieed City, about 30 kilometers south of Doha, in Qatar. Saipem has been awarded the contract as part of a consortium with South Korea's Hyundai Engineering & Construction Co Ltd by Qatar Fertilizer Company S.A.Q.
The EPC turnkey contract encompasses engineering, procurement, construction and start-up of a new ammonia and urea production complex, which will be located in the Qafco fertilizer complex properties.
As consortium leader, Saipem has contract share of about EUR1.4 billion and will be in charge of engineering and the procurement of two new ammonia plants, capable of producing 2,300 tons of ammonia per day each, as well as one further new urea plant, with a capacity of 3,850 tons per day of granulated urea, plus the associated utilities and off-site units. The contract is scheduled to be completed within 40 months.
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