Amec Foster Wheeler announces today the award of a Front End Engineering Design (FEED) contract by Binh Son Refining and Petrochemical Company Ltd (BSR), a subsidiary of state-owned Vietnam National Oil & Gas Group (PetroVietnam), for their Dung Quat oil refinery in Quang Ngai Province, Vietnam. The contract is part of the US$1.8 billion expansion and upgrading plan which is planned to increase the plant’s annual processing capacity by 30 per cent.
The two year contract, the value of which has not been announced, includes optimisation of the refinery configuration, coordination of licensors, and the design for new units as well as the revamp of existing units. This includes establishing the optimum project definition to allow the project to be implemented at the lowest cost, while increasing the stable supply of petroleum products in accordance with the Euro 5 standard. Amec Foster Wheeler will also support BSR’s contracting activities ready for the next phase of the project.
This contract award affirms our world leading refinery capability, and I am delighted we are using our global expertise to support BSR in the development of Dung Quat, building on the design we completed for the original refinery 15 years ago.