Fluor announced Thursday that its ICA Fluor joint venture
with Empresas ICA was awarded a new $95 million contract by
Pemex to develop the first phase of a project to reconfigure the Miguel
Hidalgo refinery, located in Tula, Hidalgo,
Fluor will book its $48 million share of the contract in the
third quarter of 2013.
ICA Fluor will be responsible for the basic and detailed
engineering for the process plants, auxiliary services and integration works required to
increase the refinerys distillate
production capacity from 63% to 80%.
This is the first phase of a mega-project announced by Pemex to
increase national production of higher-value distillates
through the reprocessing of products such as gasoil
Pemex expects its total investment to be approximately $3.5
This project is a major step in the modernization of Mexicos oil
processing facilities, and we are proud to be
in the position to support Pemex with Mexico-based engineering
to advance the key goals set forth in their strategic
plan, said Juan Carlos Santos Fernandez, director general
of ICA Fluor.