Foster Wheeler to manage new Vietnam project for refining, petrochemicals
Foster Wheeler was awarded a project management and consultancy services contract for the new Nghi Son refinery and petrochemical complex (NSRP) to be built in Vietnam, the company said Tuesday.
The Nghi Son project is a joint venture including Vietnam Oil and Gas Group, Kuwait Petroleum and Japan's Idemitsu Kosan and Mitsui Chemicals.
The Foster Wheeler contract value was not disclosed, with officials noting that the expected total project investment is $9 billion.
The complex will consist of an integrated refinery, processing 200,000 bpd of crude oil, and a petrochemical complex, with associated infrastructure, utilities and offsites facilities. The refinery is designed to process exported crude from Kuwait.
The plant will have the facilities for full conversion, with an integrated aromatics complex and polypropylene production.
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 chief operating officer for Foster Wheeler.
Foster Wheeler said it will manage and administer, in an integrated team with the client, the engineering, procurement and construction contractor consortium through to the completion of performance testing.
The NSRP complex is expected to commence commercial operations in 2017.
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