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15 October 2015: Fluor, Daewoo and Hyundai land Al Zour Package 2 EPC deal

15 October 2015

Fluor has confirmed that its joint venture team was selected by Kuwait National Petroleum Company (KNPC) as the preferred bidder for two engineering, procurement and construction (EPC) packages.

The facilities in the two packages will include a variety of key process units, utilities and infrastructure for the new Al-Zour oil refinery project in Kuwait that is expected to produce 615,000 barrels-per-day. Fluor booked its $2.6 billion portion of the contract in the third quarter of 2015.

Fluor is leading the joint venture, known as FDH JV, which consists of Fluor, Daewoo Engineering and Construction, and Hyundai Heavy Industries. The FDH JV is currently executing one package in the KNPC Clean Fuels project and will begin activities on the newly awarded Al-Zour packages soon.

The Al-Zour refinery complex will be built on a greenfield site located south of Kuwait City. When completed, the new complex is expected to be one of the largest refineries in the world.


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