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SOCAR awarded PMC contract to Foster Wheeler for Star refinery in Turkey

January 14/2014

MOSCOW (MRC) -- Foster Wheeler AG has announced that a subsidiary of its Global Engineering and Construction (E&C) Group has been awarded a contract by STAR Rafineri A.S., a subsidiary of SOCAR Turkey, for project management consultancy (PMC) services for its grassroots Aegean Refinery to be built within the Petkim Petrokimya A.S. (PETKIM) facilities at Aliaga, Turkey, as per Foster Wheeler's statement.

Foster Wheeler's contract value was not disclosed and was included in the company's third-quarter 2013 bookings.

As MRC informed previously, the new refinery is designed to process a range of different crude oils 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 Wheelers 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 Wheelers Global E&C Group.

Foster Wheeler AG is a global engineering and construction company and power equipment supplier delivering technically advanced, reliable facilities and equipment. The companys Global Engineering and Construction Group designs and constructs leading-edge processing facilities for the upstream oil and gas, LNG and gas-to-liquids, refining, chemicals and petrochemicals, power, minerals and metals, environmental, pharmaceuticals, biotechnology and healthcare industries.

SOCAR Turkey Energy Co. is a joint venture of the State Oil Company of Azerbaijan (SOCAR) and Petkim Petrokimya Holding A.S. of Turkey.

Petkim is the leading petrochemical company of Turkey. Specializing in petrochemical manufacturing, the company produces ethylene, polyethylene, polyvinyl chloride, polypropylene and other chemical building blocks for use in the manufacture of plastics, textiles, and other consumer and industrial products.


mrcplast.com
Author:Margaret Volkova
Tags:PE, oil, neftehimiya, Petkim, SOCAR, Turkey.
Category:General News
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