This agreement follows McDermott's safe and successful delivery of the front end engineering design and early works phases of the project.
The ethane cracker project is owned by Baltic Chemical Complex, (BCC) a subsidiary of RusGazDobycha, located onshore Russia in the Gulf of Finland.
Samik Mukherjee, McDermott´s Chief Operating Officer, said:
- Our proven experience delivering world-class ethylene cracker projects, underpinned by our collaboration with Lummus Technology and in-house project delivery capability from the FEED to the startup phase, make us the ideal partner to continue supporting CC7 and BCC on the GCC project
- We are uniquely positioned to offer integrated, at-scale solutions for our customers - driving safety, quality and delivery certainty
Lummus Technology's proprietary ethylene steam cracking process is the most widely-applied process for the production of polymer-grade ethylene and represents approximately 40 % of the world's capacity.
Tareq Kawash, McDermott´s Senior VP Europe, Middle East, Africa, noted:
- This additional award is testament to McDermott's exemplary performance during the earlier project phases and our ability to provide integrated solutions throughout the entire lifecycle of a project,
- The GCC project is a game changer for Russian market
- It is the biggest single contract in the global petrochemical field and will be hugely impactful in terms of job creation