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36

Foster Wheeler and Amec win Kuwait refinery job

Amec and Foster Wheeler have won the consultancy contracts for both Kuwait’s $14.2bn Al-Zour refinery and its $16.3bn clean fuel project, local paper Al-Rai daily has reported.

Foster Wheeler and Amec win Kuwait refinery job Foster Wheeler and Amec win Kuwait refinery job

Amec and Foster Wheeler have won the consultancy contracts for both Kuwait’s $14.2bn Al-Zour refinery and its $16.3bn clean fuel project, local paper Al-Rai daily has reported.


The al-Zour project is intended to process 615,000 barrels of oil per day (bpd) when it comes online in 2018, exceeding the capacity of Saudi Arabia’s 550,000 barrel per day Ras Tanura plant, which is currently the largest in the Middle East.


The clean fuel project is aimed at upgrading and boosting capacity at two out of three of Kuwait National Petroleum Company's (KNPC) existing facilities.


The announcement of the award has been greatly anticipated by the five remaining bidders, with both projects long delayed by a variety of factors.


Apart from Foster Wheeler and AMEC, the other companies in the final selection were the US Fluor Corp, Australia’s Worley Parsons and France’s Technip.


The value of the contracts amounts to around 2% of each of their total budgets, the newspaper said.


The state-owned KNPC running the projects is now working on a list of contractors and will award further tenders in the first few months of 2013.


Expressions of interest have so far been made by Korean, US and Italian companies.

Source : Neftegaz.RU