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  • Petrofac / Samsung / CB&I JV Awarded USD3.7 Billion Refinery Project in Kuwait
    édité le 12/02/2014 - Plus de news de "Petrofac" - Voir la fiche entreprise de "Petrofac"


Petrofac / Samsung / CB&I JV Awarded USD3.7 Billion Refinery Project in Kuwait
Petrofac, the international oil and gas services provider, leading a joint venture with Korean based Samsung Engineering Co Ltd (Samsung) and CB&I Nederland BV (CB&I) has received an award notification for Kuwait National Petroleum Company’s (KNPC) Clean Fuels Project, Mina Abdulla (MAB1) refinery in Kuwait.

Located in southern Kuwait, the US$3.7 billion contract, of which Petrofac’s share is US$1.7 billion, will be completed over a period of approximately four years.

The lump sum engineering, procurement and construction scope of work includes the provision of 19 new refining units at Mina Abdulla, revamping of five existing units at the Shouaiba refinery site and the accompanying inter-refinery transfer lines.

The Clean Fuels Project is one of KNPC’s major investment projects to upgrade the Mina Abdulla and Mina Al Ahmadi refineries, in order to reach a daily production target of around 800,000 barrels of oil per day.

Subramanian Sarma, Managing Director of Petrofac's Onshore Engineering & Construction business, commented: "This will be our ninth project in Kuwait and I am delighted we have secured the opportunity to work with KNPC, who is a new customer for us. Along with our partners, Samsung and CB&I I look forward to strengthening the relationship with KNPC as we deliver the project.”

This is the second substantial refinery project to be awarded to Petrofac within recent months; the first being the US2.1 billion Sohar Refinery improvement project for Oman Oil Refineries and Petroleum Industries Company in Oman and further underpins the Group’s appetite in the downstream sector.

About Petrofac

Petrofac is an oilfield service company.
For the last 32 years we have been building our capability, increasing the scale and scope of our service offering. Today, Petrofac can provide services to customers across the entire spectrum of the oil and gas asset life cycle, on either a stand-alone or integrated basis, under flexible commercial models which are tailored to a customer’s needs.

About CB&I

CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. Drawing upon more than a century of experience and the expertise of approximately 50,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality.

About Samsung Engineering

Founded in 1970, Samsung Engineering has grown from a modest domestic engineering firm to a globally recognized name in the EPC market. Attracting talent from around the world, Samsung Engineering has broadened its business portfolio to a full range of engineering services: upstream and downstream hydrocarbon facilities; power plants; water and waste treatment plants; and industrial production facilities.


See the site of Mina Abdulla (MAB1) refinery


Origine : Communiqué Petrofac

Voir la fiche entreprise de "Petrofac"



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