SINGAPORE: Pak-Arab Refinery Ltd (PARCO), a joint venture between the governments of Pakistan and Abu Dhabi, said on Thursday it has appointed TechnipFMC to manage a 250,000-barrels-per-day refinery project.
TechnipFMC will manage the pre-engineering, procurement and construction activities for the project to be built near Karachi, the company said in an e-mailed statement.
PARCO is a 60:40 joint venture between the Pakistan government and Abu Dhabi’s state-owned Mubadala Investment Company.
