Foster Wheeler bags $500m PMC contract from Kuwait National Petroleum Co

Foster Wheeler has announced the signing of a $500m project management and consultancy (PMC) deal with Kuwait National Petroleum Company for its Clean Fuels Project at the Mina Al-Ahmadi and Mina Abdullah Refineries in Kuwait.

The overall contract values for the two projects have been reported as $16.3bn for the clean fuel scheme and $14.2bn for the Al Zour Refinery.

The project involves a major upgrade and expansion of the Mina Al-Ahmadi and Mina Abdullah Refineries to increase their combined throughput by 264,000 barrels per day to 800,000 barrels per day.