China’s Sinopec Engineering (Group) Co.. signed a deal with National Iranian Oil Engineering and Construction Company (NIOEC) to contribute to engineering. procurement and construction of phase II of Abadan refinery upgrading project in Iran.
`The group will pursue approximately 6.86 billion yuan ($1.05 billion) of the total contract value`. Nikkei Asian Review cited the company as stating on Wednesday.The amount will be recorded as backlog of the group.
Tags Asia China China Petroleum & Chemical Corporation (Sinopec Limited) East Asia International International Companies Iran Iranian Ministry of Petroleum National Iranian Oil Co. (NIOC) Newspaper and Publications Tehran Times
Check Also
Iraq Reopens Refinery after a Decade-Long Shutdown
Iraq reopened on Friday its rehabilitated North Oil Refinery in Baiji, which had been inactive …