Foster wins contracts to upgrade Romania’s Petrobrazi refinery

13 April 2010 15:11  [Source: ICIS news]

TORONTO (ICIS news)--Foster Wheeler has been awarded contracts to help modernise Petrom’s Petrobrazi refinery in Ploesti, Romania, the energy and petrochemicals engineering firm said on Tuesday.

As part of its work, Foster Wheeler would provide engineering services to revamp an atmospheric/vacuum distillation unit and a delayed coking unit, as well as to install a new amine unit, it said.

Petrom executive board member Neil Morgan said the modernisation would turn Petrobrazi into Romania’s “premier refinery.”

Foster did not disclose financial or capacity details and did not say when the work was expected to be completed.

According to an earlier report from December, Petrom plans to “adjust down” Petrobrazi's domestic crude processing capacity to 4.2m tonnes/year from 4.5m tonnes/year previously. In June 2008, Petrom had said it planned to expand the refinery's capacity to 6m tonnes/year.

Petrom, described as the largest oil and gas producer in southeast Europe, is majority-owned by Austria’s energy and petrochemicals major OMV.

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By: Stefan Baumgarten
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