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FINANCIAL NEWS
Bahrain’s Bapaco awards Chevron Lummus 82m deal
23 Sep 2014
(MENAFN) Bahrain Petroleum Co. (Bapco) announced awarding USD82.8 million contract to Chevron Lummus, US company, for the construction of a residue hydrocracker at the company’s oil refinery within the company’s plans to expand its output capacity, Emirates 24/7 reported.
The project involves updating and changing 17 refinery units, with a value of between USD250 million and one billion each.
The contract marks the second deal to be awarded by Bapco in a week within the refinery expansion plans, after awarding a FEED contract to Italy’s Technip for the upgrading of its refinery from around 267.000 bpd to more than 400.000 bpd.
More News
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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