A joint venture of GS Engineering & Construction (GS E&C), SK Engineering and Construction (SK E&C), and the JGC Corporation of Japan has started the Clean Fuels Project (CFP) in Kuwait on Mar. 3.
The mega oil refining plant CFP, worth a total of US$12 billion (13.21 trillion won), is a project to modernize Kuwait’s largest oil refineries complex established in the 1950s. The complex consists of Mina Al Ahmadi Refinery (MAA) and Mina Abdullah Refinery (MAB), which are located approximately 45 km to the south of Kuwait City.
GS E&C and SK E&C signed off on the MAA project worth US$4.82 billion (5.31 trillion won) in April last year to upgrade existing oil refineries and manufacture high quality oil refining products that meet European environmental standards. A year after beginning engineering and procurement, they started construction in earnest. Currently, the MAA project is about 20 percent complete.
GS E&C will build gas oil desulphurization (GOD) and hydraulic power units (HPUs), while SK E&C will be in charge of the construction of the delayed coking unit (DCU) and sulfur recovery unit (SRU).
The project is a full turn-key system, which includes not only engineering, procurement, and construction, and but also test runs, and the construction period is 44 months.
GS E&C President Lim Byeong-yong said, “Based on the construction experience of large plants overseas and expertise, we will also successfully implement the CFP project with optimum quality by the deadline.”
The MAA refinery is a special project for SK E&C that has carried out the construction three times in 1996, 2001, and this year.
SK E&C President Choi Kwang-chul said, “We will complete the project with the best quality and we will maintain trust, which has been established for more than 20 years, with the Kuwait National Petroleum Company.”