Foster Wheeler bags FEED contract refinery upgradation in Russia

Foster Wheeler bags FEED contract for refinery upgradation in Russia

6:30 AM, 8th May 2013
Foster Wheeler bags FEED contract for refinery upgradation in Russia

ZUG, SWITZERLAND: Foster Wheeler AG’s subsidiary of Global Engineering and Construction Group has been awarded a contract by OJSC Gazpromneft Moscow Refinery to provide front-end engineering design (FEED) and design documentation in accordance with Russian norms, for a major investment, termed the Combined Oil Refinery Unit (CORU) Project, at the Moscow Refinery.

The CORU project is part of the implementation of Gazpromneft’s OJSC Moscow Refinery Revamping and Upgrading Programme, under which the refinery will be expanded up to 2020 to process an additional six million tonne of crude oil per year and produce transportation fuels to Euro-V standards.

The FEED activities are expected to be completed in the fourth quarter of 2013 while the submission of design documentation is scheduled for the first quarter of 2014. Foster Wheeler was previously awarded the process design package for the facilities’ crude and vacuum distillation units and the gas plant.

“Developing long-term relationships with our clients based on project execution excellence and expanding our served markets in Russia are two of our strategic objectives. We plan to leverage our experience in Russia, our in-depth refining experience and our reputation for developing high quality FEEDs to deliver a strong performance for Gazpromneft to form the basis for a longer-term working relationship,” said Umberto della Sala, President and Chief Operating Officer, Foster Wheeler AG.

© WOC News



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