Pemex awards Fluor Corporation joint ventured companies with Miguel Hidalgo Refinery contract
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Fluor JV bags Pemex’s Miguel Hidalgo Refinery contract in Mexico

5:20 AM, 25th September 2013
Fluor Corporation joint ventured business news

IRVING, US: Fluor Corporation’s ICA Fluor industrial engineering-construction joint venture with Empresas ICA, SAB de CV was awarded an additional new $95 million contract by Pemex to develop the first phase of the overall project to reconfigure the Miguel Hidalgo Refinery, located in Tula, Hidalgo, Mexico.

ICA Fluor will be responsible for the basic and detailed engineering for the process plants, auxiliary services and integration works required to increase the refinery’s distillate production capacity from 63 to 80 per cent. This is the first phase of a mega-project announced by Pemex to increase national production of higher value distillates through the reprocessing of products such as gasoil (diesel). Pemex expects its total investment to be approximately $3.5 billion.

“This project is a major step in the modernization of Mexico’s oil processing facilities, and we are proud to be in the position to support Pemex with Mexico-based engineering to advance the key goals set forth in their strategic plan,” said Juan Carlos Santos Fernandez, Director General, ICA Fluor.

 

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