07 May 2013 16:18 [Source: ICIS news]
LONDON (ICIS)--Foster Wheeler has won a contract to upgrade a refinery in Moscow, Russia, the Switzerland-based international petrochemicals engineering firm said on Tuesday.
A subsidiary of Foster Wheeler’s Global Engineering and Construction Group has been awarded a contract by Russia’s Gazpromneft to provide front-end engineering design (FEED) and design documentation for the major investment, termed the Combined Oil Refinery Unit (CORU) Project.
The value of the award was not disclosed.
The FEED activities are expected to be completed in the fourth quarter of 2013, while the submission of design documentation is scheduled for the first quarter of 2014.
The CORU project is part of the implementation of Gazpromneft’s OJSC Moscow Refinery Revamping and Upgrading Program, under which the refinery will be expanded up to 2020 to process an additional 6m tonnes of crude oil/year and produce transportation fuels to Euro-V standards, Foster Wheeler said.
Foster Wheeler was previously awarded the process design package for the facilities’ crude and vacuum distillation units and the gas plant, it added.
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