MOSCOW (MRC) -- Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a Pre-FEED engineering services contract by MadoquaPower2X to develop and operate an integrated renewable hydrogen and green ammonia plant located in Sines, Portugal, said the company.
The agreement was signed at Gastech at the presence of H.E. Joao Galamba, Secretary of State for Environment and Energy – Government of Portugal. The purpose of the Pre-FEED engineering services includes early studies, technology and process review, modularity and logistics analysis, front end loading of engineering required to undertake the permitting and licensing for the project.
MadoquaPower2X will use renewable energy and 500 MW of electrolysis capacity to produce annually 50,000 tons of green hydrogen along with green ammonia plant capacity of up to 500,000 kt/y with up to 600,000 t/y CO2 emissions avoided in this initial phase. It is the first project to be installed at the future energy and technological hub of Sines with an industrial scale. The consortium is committed to developing, installing and operating the project to the highest environmental and safety standards. It will be located in Portugal, in the Sines industrial zone – ZILS – and will generate economic growth with an activity classified as sustainable according to the latest EU Taxonomy. The project is geared towards the set-up of an export energy carrier value chain between the Port of Sines (Portugal) and Northwest European destinations.
Joao Galamba, Secretary of State for Environment and Energy – Government of Portugal: “Climate neutrality by 2050 requires bold decisions on sustainable investments with a focus on energy and climate goals, while allowing economic recovery and MadoquaPower2X in Sines is a good example of this. From ambition we moved to action, and we are pleased to witness this important milestone for MadoquaPower2X and Maire Tecnimont, confirming the right path to meet the goals we have set for energy transition. I congratulate the partners of this project for their commitment and dedication”.
Alessandro Bernini, Chief Executive Officer of Maire Tecnimont Group and NextChem: “We are proud of this agreement with MadoquaPower2X and CIP as it targets a project with a significant
impact on the renewable hydrogen-based economy in Europe. A project of this nature is a great example of sustainable European energy security, connecting the renewable potential of Portugal with Northern European energy infrastructure through green hydrogen”.
Rogaciano Rebelo, Chief Executive Officer – Madoqua Renewables: “We are excited to bring Maire Tecnimont and NextChem on board to accelerate the licensing and engineering phases of our project. Maire Tecnimont Group has 70 years of engineering excellence and delivered over 1,500 chemical and power plants globally, thereby demonstrating its capacity to engineer a complex first of a kind large scale electrolysis-based ammonia project”.
We remind, Maire Tecnimont announced that its subsidiaries Tecnimont and Stamicarbon have been awarded several new contracts and order variations for licensing, engineering services and EPC activities for an overall value of approximately USD96 MM. These contracts have been granted by international clients in Nigeria, as well in Europe, the Middle East and the Far East. In particular, Tecnimont has been granted a FEED contract by African Refineries Port Harcourt Limited for a 100,000 bpd refining plant, which is due to be operational in 2025.
Maire Tecnimont S.p.A., a company listed on the Milan Stock Exchange, heads an international industrial group that is a leader in the transformation of natural resources (plant engineering in downstream oil & gas, with technological and execution competences). Through its subsidiary NextChem, it operates in the field of green chemistry and the technologies to support the energy transition. Maire Tecnimont Group operates in about 45 countries, through approximately 50 operative companies and about 9,300 people.