London, UK,
08
March
2016
|
08:00
Europe/London

Amec Foster Wheeler awarded multiple Algerian refinery contracts

Newsfacts:
  • Three front-end engineering design (FEED) contracts
  • Annual refinery capacity five million tons of Algerian crude oil each

Amec Foster Wheeler announces today that it has been awarded a front-end engineering design (FEED) contract by Sonatrach SPA for three new refineries located in Biskra, Tiaret and Hassi Messaoud, Algeria.

The three refineries will each have a capacity of 5 million tons per annum of Algerian crude oil and contain facilities for atmospheric distillation, Liquefied Petroleum Gas separation, hydrocrackers, desulphurisation, bitumen production, utilities, blending, effluents treatment, control room and laboratories. The Biskra site will also include lubrication oil facilities. At each of the refineries there will also be administrative buildings, storage tanks and shipping facilities.

Amec Foster Wheeler will also support Sonatrach in the selection of technology licensors for all three refineries.

 

 

Amec Foster Wheeler’s scope of work is scheduled for completion in the third quarter of 2017.

 

 

Notes to editors

Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.

 

With pro-forma 2014 annualised scope revenues of £5.5 billion and over 40,000 people in more than 55 countries, the company operates across the whole of the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.

 

Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.

 

Sonatrach (www.sonatrach.com/en/) is the largest oil and gas company in Algeria and Africa. The company operates in exploration, production, pipeline transportation and marketing of hydrocarbons and by products.

 

Forward-Looking Statements

This announcement contains statements which constitute “forward-looking statements”. Forward-looking statements include any statements related to the timing and success of contracts, and are generally identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “continue,” “should” and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements.

 

Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.