KNPC awards USD 500 million design contract.

UK-based Amec Foster Wheeler has been awarded contract worth an estimated USD 500 million contract to carry
out the front-end engineering and design (feed) for a project to construct a local marketing depot for Kuwait
National Petroleum Company (KNPC) located at Matla in the north of Kuwait.

[tbpdspa]

As per news report, the deal was awarded in August 2014 but was not announced publicly due to a confidentiality
agreement. The project aims to meet the growing demand for petroleum products in the local market, as well as
to maintain the maximum strategic stock in depots and to cut transportation costs.

The scope of work includes:
 Local market depot
 Cross country pipelines from the Mina al-Ahmadi and Shuaiba refineries
 New pumping facilities
 Storage tank

Via : Staff Reporter

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