Wood has been awarded a new contract from Binh Son Refining (BSR) to carry out Project Management Consultancy (PMC) services for the Dung Quat Refinery Upgrade and Expansion Project in Vietnam.

Following completion of the feasibility study and front-end engineering design (FEED) phases, Wood will manage and supervise delivery of the project on BSR's behalf - covering design and engineering review, procurement and contract management, project controls, quality, HSSE, construction management and commissioning support.

The $1.5 billion upgrade and expansion will modernise Vietnam’s first oil refinery which is critical to the country’s energy security. Commissioning is scheduled to begin in 2028, with the expansion increasing refining capacity to 171,000 barrels per day and adding six proprietary technology units which will enable the site to process varying types of crude oil.

The upgraded facility will also produce fuels that meet Euro 5 emission standards, supporting Vietnam's environmental objectives and regulatory requirements.

At a signing ceremony in Hanoi earlier this month, John Mtanios, Wood's President of APAC, said: "We are delighted to continue our long-standing partnership with BSR on this strategically important project for Vietnam. Having supported BSR for more than 30 years, delivering feasibility Studies, FEED and PMC services, we are proud to contribute to the country's energy security ambitions while supporting the production of cleaner, more sustainable fuels."

BSR is a subsidiary of Vietnam National Industry – Energy Group (Petrovietnam).

About Wood

Wood is a global leader in consulting and engineering across energy and the built environment, helping to unlock solutions to some of the world’s most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 40,000 people.

About Petrovietnam Refining

Petrovietnam Refining and Petrochemical Corporation, formerly known as Binh Son Refining and Petrochemical One Member Limited Liability Company, was established on May 9, 2008 under Decision No. 1018/QĐ-DKVN issued by Vietnam Oil and Gas Group (now Vietnam National Industry - Energy Group). The Corporation BSR is entrusted with the responsibility of receiving, managing, and operating the Dung Quat Refinery, playing a reopening role and laying the foundation for the development of Vietnam's petrochemical refining industry. It is also a training ground for high-quality human resources in this field.