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Technip Using Stone & Webster Tech on Pemex Refinery Contract


Industry Segment: Petroleum Refining | Word Count: 217 Words

JOHANNESBURG--February 15, 2013--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Technip's (OTC:TKPPY) (Paris, France) acquisition of Stone & Webster's (S&W) (Stoughton, Massachusetts) process technologies and associated oil and gas engineering capabilities from The Shaw Group (NYSE:SHAW) (Baton Rouge, Louisiana) for $225 million in 2012 was a major factor in the French company being awarded a Mexican project contract.

Emiliano Pescador, Technip Mexico country manager, said that the company, in a consortium with Construcciones Industriales Tapia (CIT) (Hidalgo, Mexico), has won a contract to revamp one of the conversion units at Hector R Lara Sosa refinery in Cadereyta.

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