Foster Wheeler wins contract for work on Vietnam petchems complex

30 July 2013 14:47  [Source: ICIS news]

LONDON (ICIS)--Foster Wheeler has won a contract for work on a grassroots refinery and petrochemical complex in Vietnam, the Switzerland-based international petrochemicals engineering firm said on Tuesday.

A subsidiary of Foster Wheeler’s Global Engineering and Construction Group was awarded a project management and consultancy (PMC) services contract by the Nghi Son Refinery and Petrochemical Limited Liability Company for its Nghi Son Refinery and Petrochemical (NSRP) Complex in the Nghi Son Economic Zone, Thanh Hoa Province.

The Nghi Son Refinery and Petrochemical Limited Liability Company is a joint venture company formed by and between the Vietnam Oil and Gas Group, Japan’s Idemitsu Kosan and Mitsui Chemicals, and Kuwait Petroleum Europe.

Foster Wheeler did not disclose financial details regarding the contract value.

The NSRP Complex will consist of an integrated refinery, processing 200,000 bbls of crude oil/stream day, and petrochemical complex, with associated infrastructure, utilities and offsite facilities, Foster Wheeler said.

The NSRP complex is expected to commence commercial operation in 2017, it added.

“Foster Wheeler successfully completed the front-end engineering design for the NSRP complex, and subsequently provided project management services during the tendering phase for the main EPC contract,” said Umberto della Sala, president and CEO, Foster Wheeler.

“Our performance during the earlier stages of the project, our refining expertise and our experience in executing major projects in Asia were critical factors in our success in winning this significant award,” he added.

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

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