Officials of Daewoo E & C and Warri Refinery & Petrochemical Company of Nigeria, pose for a photo after signing a letter of award for the WRPC Refinery quick fix project in Abuja, the capital of Nigeria, on June 24, 2022 (WAT).

Daewoo Engineering and Construction Nigeria Limited (DECN) announced on June 27, 2022, that it won the WRPC Refinery quick fix project from Warri Refinery & Petrochemical Company (WRPC), a subsidiary of Nigerian National Petroleum Corp. (NNPC), on June 24, 2022.

A letter of award (LOA) was signed by Jeong Tae-Won, head of Daewoo E & C Nigeria Limited, a subsidiary of Daewoo E & C, and CEO Babatunde Bakare of WRPC in Abuja, the capital of Nigeria, on June 24, 2022. 

Unlike ordinary LOAs, this LOA contains the specific details of the project, including the contract amount, the construction period and the scope of work. The total construction cost is approximately US$492.3 million and the construction period is from July 2022 to December 2023. Among the three construction packages, deadlines for Packages 1 and 2 have been confirmed. The two sides will set the deadline for Package 3 through consultations in the future.
The project site is located 8.5 km north of Warri Port in southern Nigeria. This is an emergency repair project and Daewoo E&C will carry it out on its own.