US Shaw wins contract to study rehabilitation of Iraqi Basra refinery

13 December 2011 17:44  [Source: ICIS news]

HOUSTON (ICIS)--Shaw has won a contract to study the possible rehabilitation of a 140,000 bbl/day refinery in Basra, Iraq, the US-based petrochemicals engineering firm said on Tuesday.

The study is funded by the United States Trade and Development Agency (USTDA), which announced the funding earlier this year as part of an effort to help Iraq rebuild its oil infrastructure after the war and achieve greater economic benefits from its oil reserves.

Shaw said its study would assess the current condition of the refinery and estimate the engineering, equipment supply and construction services required to improve its operation.

Shaw did not disclose the study's contract value. According to information on the website of the US embassy in Iraq, the study is worth about $503,000 (€382,280).

Shaw is also working on feasibility studies and front end engineering and design (FEED) for two grassroots 150,000 bbl/day refineries near the Iraqi cities of Maissan and Kirkuk, and it is a partner in a project to provide a process design package for a 30,000 bbl/day residual fluidised catalytic cracking (RFCC) unit at a refinery in Daura, it said. 

($1 = €0.76)

By: Stefan Baumgarten
+1 713 525 2653

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