Canada's SNC-Lavalin, KIPIC ink $180m Zour Refinery deal

Mubasher: SNC-Lavalin has announced signing a CAD 240 million ($180 million) deal with Kuwait Integrated Petroleum Industries Company (KIPIC) for the Al Zour Refinery in Kuwait.

The contract entails the commissioning management support services, preparation and delivery of training, documentation and competency development consultancy services for the refinery, Montreal-based SNC-Lavalin said in a statement.

SNC-Lavalin will also provide "commissioning technical services including master plan, start-up program development, risk assessment and management, commissioning management support, operations readiness and assurance, project phase execution activities," it said.

Designed to refine 615,000 barrels per day (bpd) at maximum capacity, Kuwait's Al Zour refinery is set to have the biggest refining capacity in the Middle East. It will also raise Kuwait's national refining capacity to more than 1.5 million bpd.

KIPIC is a subsidiary of state-owned Kuwait Petroleum Corporation (KPC).

Commenting on the deal, SNC-Lavalin president of oil and gas Christian Brown said his company was looking forward to a long-term relationship with KIPIC to commission one of the newest and biggest refineries in the world.

"The refinery will produce high value products, and will predominantly produce low sulfur fuel oil to replace high sulfur fuel oil that is presently used in local power generation plants. Other refinery end products will include Ultra Low Sulfur Diesel and Kerosene, Petrochemical Naphta, Granulated Sulfur and LPG," SNC-Lavalin revealed.

Brown added that deal was an opportunity to show his company's capabilities in downstream and support their client "in executing their strategy and delivering a successful start-up and the steady state operations of the refinery."

Mubasher Contribution Time: 26-Jul-2018 11:09 (GMT)
Mubasher Last Update Time: 26-Jul-2018 11:10 (GMT)