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  • Petrofac/Saipem/Samsung consortium awarded refinery project in Thailand
    édité le 19/10/2018 - Plus de news de "Petrofac" - Voir la fiche entreprise de "Petrofac"


Petrofac/Saipem/Samsung consortium awarded refinery project in Thailand
Petrofac, the international oil and gas services provider, leading a consortium with Saipem S.p.A. (Saipem) and Samsung Engineering Co Ltd (Samsung), has received an award notification for Thai Oil Public Company Limited’s (Thai Oil) Clean Fuels Project on the East coast of Thailand.

The overall project value is around US$4 billion, of which Petrofac’s share is around US$1.4 billion, and will be completed over a period of approximately four years. The project will transform the existing oil refinery in Sriracha, Chonburi, into an environmentally-friendly facility, which will produce higher quality transportation fuels. The project will also increase the refinery’s production capacity from 275,000 barrels per day to 400,000 barrels per day.

The scope of work encompasses engineering, procurement, construction and commissioning services. The contract includes improvements and expansion at the existing facility as well as the addition of new complex processing units, all required utilities and supporting facilities.

Sunder Kalyanam, Group Managing Director for Petrofac’s Engineering & Construction Growth business said: “We are delighted to have secured this contract and to be leading the consortium on delivery of an important project that will enhance the country’s long-term energy stability and economic development, and boost its output of high quality clean fuels. We look forward to the safe and efficient delivery of this project for Thai Oil.”

Petrofac has had a presence in Thailand since 2011 and has a contract until 2023 to provide operations and maintenance services for the FPF-003 floating production, storage and offloading (FPSO) vessel on behalf of field owner Mubadala Petroleum on the Jasmine Field in the Gulf of Thailand.

About Petrofac

Petrofac is an international service provider to the oil and gas production and processing industry, with a diverse customer portfolio including many of the world’s leading integrated, independent and national oil and gas companies.

Petrofac designs, builds, operates and maintains oil and gas facilities, delivered through a range of innovative commercial models, enabling it to respond to the distinct needs of each client and helping them to transform the value of their assets across the oil and gas life cycle.

Petrofac’s service offering is underpinned by its ability to develop resource holders’ local capability through the provision of skills training with competency development and assurance frameworks. Around 20,000 employees operate out of seven strategically located operational centres, in Sharjah, Aberdeen, Abu Dhabi, Woking, Chennai, Mumbai, and Kuala Lumpur and a further 24 offices worldwide.

Petrofac is quoted on the London Stock Exchange (symbol: PFC)

About Saipem

Saipem is one of the world leaders in drilling services, as well as in the engineering, procurement, construction and installation of pipelines and complex projects, onshore and offshore, in the oil & gas market. The company has distinctive competences in operations in harsh environments, remote areas and deepwater. Saipem provides a full range of services with “EPC” and “EPCI” contracts (on a “turn-key” basis) and has distinctive capabilities and unique assets with a high technological content.

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.


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