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Foster Wheeler, Hyundai win design deal for new PdVSA Venezuela refinery

A consortium of Foster Wheeler and South Korea’s Hyundai Engineering was awarded a contract by Petróleos de Venezuela (PdVSA) for phase one hydroskimming of the new Batalla Santa Ines refinery to be built in Barinas, Venezuela.

Foster Wheeler’s scope of work includes early detailed engineering design and the delivery of an open book estimate for the crude distillation unit, storage and blending unit and fuel distribution plant.

Terms were not disclosed for the contract, which was included in Foster Wheeler’s second-quarter 2012 bookings.

The main release of the detailed engineering design work is expected to be booked at a later date, upon release by the client.

“This award follows the 2011 award to Foster Wheeler of the process design and front-end engineering design services contract for the Batalla Santa Ines refinery,” said Umberto della Sala, chief operating officer of Foster Wheeler.

“Together with the award of the engineering, procurement and construction management services contract for PdVSA’s El Palito refinery expansion project, announced on July 19, this award reflects PdVSA’s continued confidence in the strength of our refining technical expertise and the quality of our project execution," he added.

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