KNPC

A consortium, including Tecnicas Reunidas, Sinopec and Hanwha Engineering and Construction will supply main process units, as part of a KWD1.28bn ($4.2bn) contract, reported Kuwait News Agency (KUNA).

A KWD1.74bn ($5.7bn) contract was awarded to a consortium of Daewoo Engineering and Construction, Hyundai Heavy Industries and Fluor to provide support units and infrastructure services.

A group comprising Hyundai Engineering and Construction, SK Engineering and Construction and Saipem has secured a KWD454m ($1.4bn) contract to construct the marine export terminal.

KNPC spokesman Khalid al-Asousi said that the major contract for the project is expected to be awarded within two weeks.

All the project contracts are planned to be signed in October. Said to be the largest-of-its-kind in the Middle East, the refinery is expected to cost KWD6.7bn ($23bn).

The complex will have a processing capacity of up to 800,000 barrels a day (bpd), compared to the initially planned 615,000bpd, local media quoted Kuwait Oil Minister Ali al-Omair as saying earlier.

Upon completion, the refinery is expected to represent 43% of the refining capacity in the country.


Image: KNPC expects to sign all the contracts for the Al-Zour project later this year. Photo: courtesy of Kuwait National Petroleum Company.