Amec Foster Wheeler announces today the award of a Front End Engineering Design (FEED) contract by Binh Son Refining and Petrochemical Company Ltd (BSR), a subsidiary of state-owned Vietnam National Oil & Gas Group (PetroVietnam), for their Dung Quat oil refinery in Quang Ngai Province, Vietnam. The contract is part of the US$1.8 billion expansion and upgrading plan which is planned to increase the plant’s annual processing capacity by 30 per cent.

The two year contract, the value of which has not been announced, includes optimisation of the refinery configuration, coordination of licensors, and the design for new units as well as the revamp of existing units. This includes establishing the optimum project definition to allow the project to be implemented at the lowest cost, while increasing the stable supply of petroleum products in accordance with the Euro 5 standard. Amec Foster Wheeler will also support BSR’s contracting activities ready for the next phase of the project.

Roberto Penno, Amec Foster Wheeler’s Group President for Asia, Middle East, Africa & Southern Europe, said: “This contract award affirms our world leading refinery capability, and I am delighted we are using our global expertise to support BSR in the development of Dung Quat, building on the design we completed for the original refinery 15 years ago.”

Amec Foster Wheeler

Amec Foster Wheeler designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors. With pro-forma 2014 annualised scope revenues of £5.5 billion and over 40,000 people in more than 55 countries, the company operates across the whole of the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, clean energy, power generation, pharma, environment and infrastructure markets. Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.

Source: www.youroilandgasnews.com

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