The US Chevron Lummus company has won a $82.8 million contract to construct a residue hydrocracker at Bahrain’s sole oil refinery within plans to expand its output capacity, a Bahraini newspaper reported on Sunday.
The company was awarded the contract by the state-controlled Bahrain Petroleum Co. (Bapco), the second deal to be awarded by Bapco in a week within the refinery expansion plans, Alwasat Arabic language daily said.
It said Bapco last week awarded a FEED contract to Italy’s Technip for the upgrading of its refinery from around 267,000 bpd to more than 400,000 bpd.
The report said the project involves updating and changing 17 refinery units, with a value of between USD 250 million and one billion each.
In 2009, Chevron Lummus reported that it was awarded a contract by Bapco to masterplan a 100,000 bpd capacity upgrade at its refinery.
The non-OPEC Gulf Kingdom in 2009 approved an ambitious 10-year-programme to overhaul the energy sector including expansion of the refinery and the tripling of production at Bahrain's only oil field.
Follow Emirates 24|7 on Google News.
