NEXTCHEM (MAIRE) AWARDED A THREE-YEAR ENGINEERING AND TECHNOLOGY SERVICES CONTRACT BY SATORP IN SAUDI ARABIA

March 06, 2025 01:26 PM EST | By Cision
 NEXTCHEM (MAIRE) AWARDED A THREE-YEAR ENGINEERING AND TECHNOLOGY SERVICES CONTRACT BY SATORP IN SAUDI ARABIA
Image source: Kalkine Media
  • NextChem Tech will provide engineering and technology solutions to improve energy efficiency and carbon footprint of the Sulfur Recovery Complex at SATORP's refinery 
  • This agreement strengthens the relationship with SATORP and the Group's presence in the region

MILAN, March 6, 2025 /PRNewswire/ -- MAIRE (MI: MAIRE) announces that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary NextChem Tech, has been awarded a three-year contract by SATORP – a joint venture between Saudi Aramco and TotalEnergies – to provide engineering and technology services related to the Sulphur Recovery Complex of SATORP's refinery in Jubail, Kingdom of Saudi Arabia.

Specifically, NextChem Tech will provide process and engineering advisory services to enhance performance, support operational troubleshooting, and improve energy efficiency and the carbon footprint of the three units (Sulfur Recovery Unit, Amine Regeneration Unit and Sour Water Stripper) which compose the Sulphur Recovery Complex.

The services will also include recommendations for capital investment opportunities, design enhancements, and technology improvements. This award reinforces NEXTCHEM's position as reliable technology and process leader, recognized for its expertise and commitment to continuous R&D and innovation.

Alessandro Bernini, CEO of MAIRE, commented: "This collaboration marks a significant milestone in our ongoing efforts to drive sustainability and efficiency in the refining industry. This agreement not only strengthens our relationship with SATORP, after TECNIMONT's multibillion-dollar petrochemical expansion project awarded in June 2023 – so called Amiral project –, but also underscores our commitment to delivering cutting-edge engineering and technology solutions that reduce environmental impact."

MAIRE S.p.A. is a leading technology and engineering group focused on advancing the Energy Transition. We provide Integrated E&C Solutions for the downstream market and Sustainable Technology Solutions through three business lines: Sustainable Fertilizers, Low-Carbon Energy Vectors, and Circular Solutions. With operations across 50 countries, MAIRE employs over 9,800 people. MAIRE is listed on the Milan Stock Exchange (ticker "MAIRE"). For further information: www.groupmaire.com.

Logo - https://mma.prnasia.com/media2/2379433/4631640/MAIRE_Logo.jpg?p=medium600


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations, and video (Content) is a service of Kalkine Media Incorporated (“Kalkine Media, we or us”), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content. Some of the images/music that may be used in the Content are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.
This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Canadian AI All-Stars: Unveiling the Top Stocks for 2025

Send OTP Resend OTP in 30s

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.