PRE-FEED activities

  • Configuration of the Refinery – Completed
  • Financial Model to confirm Refinery Configuration – Ongoing and to be completed end of Nov 2022
  • Selection of Licensor – Ongoing and to be completed by end of Nov 2022

FEED activities

  • FEED to be kicked off immediately after completion of pre-FEED phase, FEED contract between TCM and ARPHL already signed (TCM will execute FEED in partnership with NETCO).


  • ARPHL and TCM have signed MOU for the EPC phase, subject to Final Investment Decision from ARPHL’s equity partners
  • TCM is currently executing EPC contract for rehabilitation of PHC refinery (same location where ARPHL will be located) with consequent optimization for execution of the ARPHL 100,000 barrel/day greenfield refinery


  • TCM to be O&M contractor


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