Spain's Tecnicas Reunidas wins $2.7 billion contract in Peru

jueves 29 de mayo de 2014 13:58 GYT
 

MADRID May 29 (Reuters) - Spanish oil engineering company Tecnicas Reunidas said on Thursday it had won a $2.7 billion contract to expand Peru's Talara refinery.

Tecnicas Reunidas will be in charge of designing, engineering and building the new facilities, it said in a notice to Spain's stock market regulator.

The Peruvian government had announced in March a deal with Tecnicas Reunidas over a $3.5 billion expansion project at the refinery but did not at the time disclose the exact amount of the contract.

The project aims to increase output by 50 percent at the Talara refinery to around 96,000 barrels per day. Talara is state-run energy firm Petroperu's main plant. (Reporting by Julien Toyer; editing by Keiron Henderson)