CB&I wins $370m Kuwait refinery contract
Texas, February 19, 2014
Texas-based CB&I has won a $370 million contract from Kuwait National Petroleum Company (KNPC) for setting up its new clean fuels project at the Mina Abdullah I refinery.
CB&I, a part of a joint venture led by Petrofac International along with Samsung Engineering Company, will execute the Mina Abdullah I refinery project.
The project scope includes engineering and procurement for two atmospheric residue desulfurization units, which were previously licensed by Chevron Lummus Global, a joint venture between CB&I and Chevron.
The clean fuels project is one of KNPC's major investment projects to upgrade the Mina Abdullah and Mina Al-Ahmadi refineries in order to reach a daily production target of 800,000 bpsd from the current 736,000 bpsd.
Commenting on the win, Patrick K. Mullen, the president of CB&I's Engineering, Construction and Maintenance operating group, said: "This award builds on CB&I's proven experience in the refining industry."
"The installation of these units will reduce sulfur, enhancing the ability of Kuwaiti petroleum products to compete on the world market and meet stringent international environmental regulations," he added.-TradeArabia News Service