Foster Wheeler bags KNPC’s Clean Fuels Project contract in Kuwait

Foster Wheeler bags KNPC’s Clean Fuels Project contract in Kuwait

6:17 AM, 20th December 2012
Foster Wheeler bags KNPC’s Clean Fuels Project contract in Kuwait

ZUG, SWITZERLAND: Foster Wheeler’s Global Engineering and Construction Group has been awarded a project management and consultancy (PMC) services contract by Kuwait National Petroleum Company (KNPC) for its Clean Fuels Project at the Mina Al-Ahmadi and Mina Abdullah Refineries in Kuwait. The Foster Wheeler scope revenue value of the contract is $500 million.

KNPC’s Clean Fuels Project is a major upgrade and expansion of the Mina Al-Ahmadi and Mina Abdullah Refineries to increase their combined throughput by 264,000 barrels per stream day to 800,000 barrels per stream day. The objective is to increase conversion of fuel oil to higher value products in order to meet expected market demand and tighter specifications (one per cent) for the sulfur content of transportation fuels.

Foster Wheeler’s scope of work includes the provision of project management services during the tendering phase for the main EPC contracts, and management of the EPC contractors through to completion of performance testing. The Clean Fuels Project is expected to be completed during the second quarter of 2018.

“The Clean Fuels Project is a critical mega project that will shape the future of Kuwait’s refining capability while driving the highest standards of commitment to the environment. KNPC and Foster Wheeler have enjoyed a long-standing business association and we look forward to a true partnership in bringing the CFP to its successful commissioning,” said Fahed Salem Al Ajmi, Chairman and Managing Director, Kuwait National Petroleum Company.

© WOC News 

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