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Sinopec Engineering wins US$1.33b contract from Petronas

Sinopec Engineering has been awarded a US$1.33 billion contract to build an oil refining and petrochemical project in Pengerang, Johor state, Malaysia.

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The contract was awarded by PRPC Refinery and Cracker, a subsidiary of the Malaysian state-owned oil giant Petronas. Photo: Reuters
Toh Han Shih

Sinopec Engineering has been awarded a US$1.33 billion contract to build an oil refining and petrochemical project in Pengerang, Johor state, Malaysia, the Hong Kong-listed firm announced on Thursday morning.

The contract was awarded by PRPC Refinery and Cracker, a subsidiary of Petroliam Nasional, the Malaysian state-owned oil giant better known as Petronas.

The Chinese and Malaysian state-owned firms are finalising and executing this contract, Sinopec Engineering said. 

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