Fluor Corporation has confirmed that its consortium was chosen to deliver the second package of the Mina Abdullah Clean Fuels project in Southern Kuwait.
Its client, state-owned Kuwait National Petroleum Company, had announced earlier this month that it had awarded $12bn worth of deals on the project to upgrade and expand refineries, with three consortia led by JGC Corp of Japan, UK-based Petrofac and US-based Fluor leading the consortium to carry out the work.
JGC Corp will upgrade the Mina Ahmadia refinery under a $4.8bn (KD1.36bn) deal, while Petrofac and Fluor will work on Mina Abdullah refinery under deals worth $3.7bn (KD1.07bn) and $3.4bn (KD962mn) respectively. Fluor’s consortium also includes South Korean contractors Daewoo Engineering & Construction and Hyundai Heavy Industries.
Fluor’s Energy & Chemicals’ EMEA president, Taco de Haan, said: “This project will increase productivity at the facility while also delivering products that comply with state-of-the-art environmental standards.”
Petrofac, which is working with Samsung Engineering Co and CB&I Nederland, said that its consortium would provide 19 new units at Mina Abdulla and revamp five existing units and inter-refinery transfer lines. Its portion of the $3.7bn project is worth around $1.7bn, the company said.
It is estimated that once the entire project is finished in four years’ time, Kuwait’s refining capacity will increase by around 800,000 barrels of oil per day.
No.of Reads (407)