TODAY.AZ / Business

British Amec Foster Wheeler to join project on modernization of Baku Oil Refinery

26 April 2016 [12:35] - TODAY.AZ

/By Azernews/

By Gulgiz Dadashova

British Amec Foster Wheeler has been awarded a front-end engineering design (FEED) contract to modernize the Baku Oil Refinery Plant named after Heydar Aliyev .

The company announced that the contract, awarded by Azerbaijan’s state oil company SOCAR, is part of a major investment to increase the refinery’s capacity and improve the quality of the fuel produced.

Amec Foster Wheeler in alliance with SOCAR Foster Wheeler Engineering won the contract and will execute it in Azerbaijan. The company has had a joint venture in Azerbaijan with SOCAR since 2011.

The scope of work is for the development of a number of facilities and the integration of technologies by other providers at HAOR. This will include new facilities for diesel hydro-treatment, isomerisation, methyl tertiary-butyl ether, fluid catalytic cracking gasoline treatment, sour water stripper, amine treatment and sulphur recovery. A number of existing facilities will also be revamped, including those for crude and vacuum distillation, fluid catalytic cracking and continuous catalytic reforming.

Roberto Penno, Amec Foster Wheeler’s Group President for Asia, Middle East, Africa, and Southern Europe, commenting on the issue, said that the company has successfully delivered a number of projects for SOCAR, both in Azerbaijan and in other countries.

“We look forward to continuing our partnership with this contract for the Heydar Aliyev Oil Refinery, a particularly important facility for the country,” he said.

Amec Foster Wheeler’s scope of work is scheduled for completion in the first quarter of 2017, while the process of modernization of the refinery is expected to be completed within several phases till early 2020.

Amec Foster Wheeler designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors. The company offers full life-cycle services to offshore and onshore oil and gas projects (conventional and unconventional, upstream, midstream and downstream) for greenfield, brownfield and asset support projects, plus leading refining technology.

Amec Foster Wheeler became the first British-listed engineering and construction services contractor to establish a permanent presence in Baku, Azerbaijan, responding to the growing market need for engineering services in the Caspian region. The company has had a presence in Azerbaijan since 1997.

In January 2015, SOCAR announced the elimination of the Azneftyag refinery and its merger with the Baku Oil Refinery named after Heydar Aliyev. This decision was made as part of works to improve and optimize the structure of the State Oil Company. Once completed, the capacity of the Oil Refinery Plant will increase from 6 million to 7.5 million tons of oil a year.

URL: http://www.today.az/news/business/150113.html

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