Foster Wheeler wins contract for work on PDVSA Venezuela refinery

19 July 2012 14:44  [Source: ICIS news]

LONDON (ICIS)--Foster Wheeler announced on Wednesday that a subsidiary of its Global Engineering and Construction Group has been awarded a contract to provide engineering, procurement services and construction management for PDVSA's El Palito refinery expansion project in Venezuela.

Financial details of the contract were not disclosed.

Foster Wheeler will execute the project in consortium with Japan’s Toyo Engineering Corporation and Venezuela’s Y & V Ingenieria y Construccion.

The Switzerland-headquartered petrochemical engineering firm and its consortium partners have previously completed the front-end engineering design for the project, which is expected to be completed during 2016.

The company said the expansion of the refinery will include a number of new units, including a 140,000 barrels per stream day (BPSD) crude/vacuum distillation unit, a 24,500 BPSD naphtha hydrotreating/continuous catalytic reformer complex, a 58,000 BPSD vacuum gasoil hydrotreater, and a 45,000 BPSD diesel hydrotreater.

The expansion also includes an 80m standard cubic feet/day hydrogen production unit, a 250 tonnes/day sulphur recovery/tail gas treatment unit, a new flare system, amine regeneration and sour water stripper facilities, and relevant utilities, interconnecting and off-sites, including marine facilities and a new product storage tank farm.

BPSD is the amount of oil product produced during a continuous operation for 24 hours by a single refining unit.

Foster Wheeler said the expansion is intended to double the refinery’s capacity to 280,000 BPSD, processing heavy and extra-heavy crudes from the Orinoco Belt, and increasing production of clean fuels.

By: Franco Capaldo
+44 (0)20 8652 3214

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