• Awards for an overall value of approximately USD108 MN for licensing, engineering services, EP and EPC activities

Milan, 5 November 2014 –Maire Tecnimont S.p.A. announces that its main subsidiaries have been granted several awards for a total amount of approximately USD108 million for licensing, engineering services, EP and EPC activities.

    These awards, mainly related to the core business of oil & gas, petrochemicals and fertilizers, have been granted in North America, Europe, and Central and South Asia by some of the most prestigious international clients both in the private and public sectors.

    In particular, KT Kinetics Technology enhanced its presence in South-East Asia through EP activities to be carried out in a refining complex in Indonesia. Such award supports the Group’s aim of expanding its geographic footprint in markets with strong downstream growth prospects, where investments in the hydrocarbon industry are rapidly increasing in order to boost the refining and petrochemical sectors in the coming years. Moreover, TICB – the Group’s Mumbai-based engineering hub – strengthened its leadership in the Electrical & Instrumentation (E&I) sector with new activities for a refining complex in India. Lastly, in Italy Tecnimont Civil Construction consolidated its track record with a new award for the realization of high technological content civil buildings and units, confirming its high-end distinctive capabilities in managing projects through a multidisciplinary approach.

    Maire Tecnimont S.p.A.

    Maire Tecnimont S.p.A. is a company listed with the Milan stock exchange. It heads an industrial group (the Maire Tecnimont Group) that leads the international Engineering & Construction (E&C), Technology & Licensing and Energy & Ventures markets, with specific competences in plants, particularly in the hydrocarbons segment (Oil & Gas, Petrochemicals and Fertilisers), as well as in Power Generation and Infrastructures. The Maire Tecnimont Group operates in approximately 30 different countries, numbering around 45 operative companies and a workforce of about 4,200 employees, of whom over half work abroad. For more information: www.mairetecnimont.com.

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