Foster Wheeler wins contract for petrochemical refinery complex in Vietnam

Swiss engineering and construction entity Foster Wheeler has secured a project management and consultancy services contract for the Nghi Son Refinery and Petrochemical (NSRP) complex in Vietnam.

The NSRP complex will include an integrated refinery for processing 200,000 barrels of Kuwait Export crude oil a day and a petrochemical complex with associated infrastructure, utilities and off-site facilities. It will also have full conversion facilities with an integrated aromatics complex and facilities for polypropylene production.

The complex will be built in the Nghi Son economic zone of Thanh Hoa Province and is expected to start operations in 2017.

The contract value has been not disclosed, but the total investment for the project is expected to be around $9bn.

Foster Wheeler will manage and administer the engineering, procurement and construction contractors throughout the project until performance testing.

Foster Wheeler president and chief operating officer Umberto della Sala said that the company has completed the front-end engineering design for the complex.

"We are delighted to be continuing our involvement with this strategic project during the implementation phase," della Sala added.

"Our performances during the earlier stages of the project, our refining expertise and our experience in executing major projects in Asia were critical factors in our success in winning this significant award."

The Nghi Son Refinery and Petrochemical is a joint venture company formed between the Vietnam Oil and Gas Group, Idemitsu Kosan and Mitsui Chemicals of Japan and Kuwait Petroleum Europe.

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Image: The complex will process 200,000 barrels of crude oil per stream day; Photo: courtesy of freedigitalphotos.