Iraq/USA: Shaw Group to Conduct Study on Basra Refinery
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Thursday, 15 December 2011 |
The Shaw group is to conduct a feasibility study on the proposed rehabilitation of a 140,000 bpd refinery in Basra. The company has been awarded the contract from the South Refineries Company, part of the Ministry of Oil, to assess the facility’s current condition and estimate what engineering, equipment supply and construction services would be needed to restore it.
"This is Shaw's fourth refining project in Iraq, reinforcing our continuing commitment to the Middle East region," said Shaw’s Energy and Chemicals Group President, James Glass."This study will help to promote the development of Iraq’s oil business and modernize vital facilities," he added.
The value of the contract has not been released, though the study will be funded by the United States Trade and Development Agency (USTDA) through a grant to the South Refineries Company. Shaw is already conducting feasibility studies, along with front end engineering and design, for two 150,000 bpd refineries near Maissan and Kirkuk. In partnership with Axens, the company is also delivering a process design package for a 30,000 bpd residual fluidised catalytic cracking unit at a Daura refinery owned by Midland Refineries Company.
PetrolWorld 15122011
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