08-01-2014
Foster Wheeler awarded PMC contract for grassroots refinery in Turkey
Foster Wheeler AG announced today that a subsidiary of its Global Engineering and Construction (E&C) Group has been awarded a contract by STAR Rafineri A.Åž., a subsidiary of SOCAR Turkey, for project management consultancy (PMC) services for its grassroots Aegean Refinery to be built within the Petkim Petrokimya A.Åž. (PETKÄ°M) facilities at AliaÄŸa, Turkey.
Foster Wheeler's contract value was not disclosed and was included in the company's third-quarter 2013 bookings.
The new refinery is designed to process a range of different crude oils, including Urals, Azeri Light and Kirkuk, with a processing capacity of 10 million tons of crude oil per year. It is expected to start operations in 2017 and to produce a range of products including jet fuel, diesel, naphtha, petroleum coke and liquid petroleum gases.
Foster Wheeler executed the front-end engineering design (FEED) for the entire refinery and also provided the license and basic design package for the delayed coker, which will use Foster Wheeler’s leading SYDEC(SM) delayed coking technology.
“Having successfully delivered a high quality FEED, we are very pleased to continue to play a key role in this strategic investment in Turkey,” said Roberto Penno, Chief Executive Officer of Foster Wheeler’s Global E&C Group. “We believe that our proven project management and refining capabilities, our experience in executing mega-projects, and our long-established operation in Turkey were all instrumental in our success in winning this contract.”
“This refinery will significantly reduce Turkey’s dependence on imports of many petroleum derivatives, and so it is a strategically important investment,“ said Kenan Yavuz, Chief Executive Officer, SOCAR Turkey. “Foster Wheeler’s project management and project execution expertise is well-known, and we are confident that the Foster Wheeler team will make a valuable contribution to the success of this mega-project.”
For more information, please visit www.fwc.com
News Category:
-
Beyond processbook & PI vision: Exploring today’s industrial analytics tools
(Webinar) - In the Manufacturing 4.0 era, industrial organizations have more data at their fingertips than ever, offering the promise of higher production rates, more ...
04-06-2024
-
Sasol provides state of the art catalysts to INERATEC for the production of sustainable e-fuels
The catalysts will be used, among others, in the first large-scale industrial Power-to-Liquid (PtL) plant that INERATEC is currently building in Frankfurt, Germany, which ...
24-04-2024
-
Baker Hughes to supply 17 centrifugal compressors to Saudi Master Gas System project
Baker Hughes, an energy technology company, announced Tuesday that it has received an order by Worley, for and on behalf of Aramco, to supply gas technology equipment ...
23-04-2024
-
SABIC Fujian Petrochemicals select Phenol yechnology from KBR
KBR announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the ...
22-04-2024
-
Lummus Expands R&D capabilities to enhance innovation and water and wastewater technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced the opening of its cutting-edge research and development (R&D) ...
17-04-2024
-
Clariant launches new CATOFIN® 312 propane dehydrogenation catalyst
Clariant, a sustainability-focused specialty chemical company, today announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst. The new catalyst ...
16-04-2024
-
Yokogawa and GridBeyond conclude investment and strategic partnership agreements
Yokogawa Electric Corporation and energy IT solutions provider GridBeyond of Ireland announce that they have concluded a strategic partnership agreement. Furthermore, ...
16-04-2024
-
Heraeus Precious Metals launches Circlear
Heraeus Precious Metals, a globally leading company in the precious metals industry and one of the largest recyclers of precious metals, has introduced its new offering ...
16-04-2024
-
EMA and JERA to cooperate on LNG procurement and supply chains
The Energy Market Authority and JERA Co Inc, have signed a Memorandum of Understanding to cooperate on mutually beneficial areas in liquefied natural gas procurement ...
16-04-2024
-
Hexagon and Dragos unveil technical partnership to strengthen industrial cybersecurity
Hexagon’s Asset Lifecycle Intelligence division today announced a strategic partnership with Dragos, a global leader in cybersecurity for operational technology (OT). ...
16-04-2024