Neste Jacobs Oy Press Release 11th May, 2015 at 10 AM
Neste Jacobs Awarded Project Management and Inspection Services contract by SOCAR in Azerbaijan
Technology, engineering and project management company Neste Jacobs and SOCAR, the State Oil Company of the Azerbaijan Republic have signed an agreement, where Neste Jacobs will act as Project Management Consultant (PMC) and coordinate third party inspections for SOCAR in constructing a greenfield ammonia-urea fertilizer plant in Sumgayit, Azerbaijan.
By the time the new ammonia-urea complex is up and running it will produce 1,200 tons of ammonia and 2,000 tons of urea per day. This nitrogen fertilizerprojectbelongs to the State Program on Reliable Food Supply of Population in the Republic of Azerbaijan for 2008-2015.The works under the EPC Contract for the plant project are estimated at approximately 622 million euros. Neste Jacobs will form and mobilize a PMC Team firstly to Seoul, South Korea to supervise the EPC contractor on behalf of SOCAR. When the construction phase begins, the team will be mobilized to Baku, Azerbaijan.
"We are proud to provide our strong knowledge to SOCAR in this state-of-the-art and world scale fertilizer industry project. We understand the value of the project both for SOCAR and the Republic of Azerbaijan", says Jarmo Suominen, Managing Director of Neste Jacobs. "It is worth mentioning, that this is an important project also for Neste Jacobs from strategy point of view which is calling for expansion to serve the entire chemical industry value chain.
"Neste Jacobs is one of the few professional companies in the world who are able to provide such services on competitive basis and they convinced us that their solutions are just what we need", says KhayalJafarov, Ammonia-Urea Complex Director of SOCAR. "Also Neste Jacobs' great expertise and competitive edge in providing internationally recognized project management solutions and services played a key role in the final decision making."
For more information: Jarmo Suominen, Managing Director, Neste Jacobs Oy, tel +358 50 458 3399 Khayal Jafarov, Ammonia-Urea Complex Director, SOCAR, tel + 994 12 521 31 54
Neste Jacobs is a preferred solution provider of high-quality technology, engineering and project services for a wide range of industries in the fields of oil and gas, petrochemicals, chemicals, biorefining, biochemicals, biopharma and industrial infrastructure. We have 60 years of experience in technology development and industrial investment projects as well as maintenance and performance improvement in Europe, North and South America, Asia and the Middle East.In addition to our home market Nordic countries we are looking to grow in the global expanding markets. We employ 1300 professionals globally.www.nestejacobs.com
The State Oil Company of the Azerbaijan Republic (SOCAR) is a wholly state-owned national oil company headquartered in Baku, Azerbaijan. It is one of the largest O&G corporations in the world. The company is involved in production of oil and natural gas from both onshore and offshore fields in the Azerbaijani section of the Caspian Sea. In addition, it operates the country's oil refinery, gas processing plant, petrochemical division and runs several oil and gas export pipelines throughout the country. It has a number of fuel filling stations under the SOCAR brand in Azerbaijan, Georgia, Ukraine, Romania and Switzerland. The company has about 55,000 employees. www.socar.az