Foster Wheeler gears up second phase Barrancabermeja refinery

Foster Wheeler gears up for second phase of Barrancabermeja refinery

2:53 PM, 10th August 2011
Foster Wheeler gears up for second phase of Barrancabermeja refinery

ZUG, SWITZERLAND: Foster Wheeler’s Global Engineering and Construction Group will perform the second phase scope for an existing contract with Ecopetrol SA for the project to modernize the refinery in Barrancabermeja (PMRB) in Colombia.

This project release includes additional project management consultancy (PMC) and front end engineering design (FEED), detailed engineering for the crude unit revamps, assisting Ecopetrol in the selection process for engineering, procurement and construction (EPC) contracts and control and supervision of the EPC and construction contractors. The contract value of this work, which was not disclosed, was included in Foster Wheeler’s second-quarter 2011 bookings.

PRMB will add heavy crude processing capability to take advantage of the available domestic heavy sour crudes and provide a processing configuration to meet the Colombian clean fuels product specifications. This upgrade to the refinery will eliminate fuel oil production and increase overall profitability.

“We are pleased to continue working with Ecopetrol on this project and on the Cartagena Refinery Expansion project in Colombia where we are also PMC. This confirms our technical expertise and international execution capabilities in large and complex projects,” said Umberto della Sala, Interim CEO, Foster Wheeler AG.

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