NextChem Awarded Pre-FEED Engineering Services Contract by MadoquaPower2X

Maire Tecnimont S.p.A. announces that its subsidiary NextChem has been awarded a Pre-FEED engineering services contract by MadoquaPower2X.

The agreement was signed at Gastech at the presence of H.E. João 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.

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. This project 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".