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Hyundai Heavy Industries Wins USD 1.13 Billion Clean Fuel Project in Kuwait
Hyundai Heavy Industries (HHI), the world’s biggest shipbuilder and a leading industrial plant contractor announced it won a total USD 3.4 billion worth Mina Abdullah (MAB-2) Package for the Clean Fuel Project (CFP) for the Kuwait National Petroleum Company (KNPC) in a joint venture with Fluor Corporation and Daewoo Engineering & Construction on April 13.

The joint venture will upgrade the daily oil refining capacity of the KNPC’s existing Mina Al Ahmadi and Mina Abdullah refinery plant from 736,000 barrels to 800,000 barrels, and will lower the sulfur content of petroleum products to 5%.

Under the joint venture agreement, each party will equally take up 1/3 of the scope of work for the package on an EPC turn-key basis. The value of HHI’s work scope is USD 1.13 billion.

The joint venture will complete the project in a 45 month period in an area 45 km south of Kuwait City.

About Hyundai Heavy

Hyundai Heavy, a leading integrated heavy industries company, independently developed an engineering capability that can minimize the operational loss of an LNG FSRU by extending its maintenance working cycle from 5 years to 10 years.


See the site of Mina Abdullah refinery


Origine : Communiqué Hyundai Heavy Industries

Voir la fiche entreprise de "Hyundai Heavy Industries"



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