UK-based engineering and project management company AMEC has secured a $528m project management consultancy (PMC) contract from Kuwait National Petroleum Company (KNPC), for a new oil refinery at Al Zour, Kuwait.
Once completed in 2018, the refinery is expected to increase the country’s refinery capacity by 615,000 barrels per day and will be the largest in the Middle East.
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The refinery will help Kuwait to achieve its long-term plan to produce cleaner fuels to meet the country’s electrical power generation development and meet the latest environmental standards.
AMEC’s group president, Growth Regions, Dr Hisham Mahmoud, said that the contract helps in supporting the company’s Vision 2015 strategy, which includes growing its presence in the Middle East’s oil and gas upstream, midstream and downstream sectors.
"It is also an example of our ability to leverage our global design, engineering and project management expertise to deliver complex projects for our customers anywhere in the world," Mahmoud added.
AMEC’s vice president of Middle East, Africa and CIS business, Alan McLean, said that this contract is very important for the company in the Middle East and acknowledges its experience and knowledge in successfully delivering PMC contracts in the region.
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By GlobalData"The project is also important for KNPC in enabling it to meet the demands of its customers," added McLean.
Contract is expected to create about 300 jobs for the company.
The company, with annual revenues of about £3.3bn, focuses on higher-margin infrastructure and construction projects in the mining, power generation and the oil and gas sectors.
Image: Dr Hisham Mahmoud, AMEC’s Group President, Growth Regions. Photo: courtesy of AMEC.
