Skanska to Construct Oil Refinery Unit in Rio de Janeiro

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Skanska to Construct Oil Refinery Unit in Rio de Janeiro

March 11, 2010 7:50:AM ET

By Staff Reporter

Stockholm, Sweden March 11, 2010 7:50 AM ET
Skanska has been awarded a contract to construct the first phase of a new refinery for crude oil in Brazil. The total contract value is US $623 million, of which Skanska's share is 40 percent, corresponding to about US $250 million, or about SEK 1.8 billion, which will be included in order bookings for the first quarter. The customer is Petrobras, one of the world's leading energy companies and one of Skanska's repeat customers.
The contract is for the first.......

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