Project estimated to be worth $500m
- Amec Foster Wheeler awarded design contract
- Scope includes pipelines from domestic refineries
- Project aims to meet growing demand for petroleum products
The UKs Amec Foster Wheeler has won the contract to carry out the front-end engineering and design (feed) for a project to construct a local marketing depot at Matlaa in the north of Kuwait for state-owned downstream operator Kuwait National Petroleum Company (KNPC).
The contract was awarded in August last year but was not announced publicly due to a confidentiality agreement.
The project is estimated to have a budget of $500m.
Its scope includes:
- Local market depot
- Cross country pipelines from the Mina al-Ahmadi and Shuaiba refineries
- New pumping facilities
- Storage tank
According to KNPC, the main goals of the project are to meet the growing demand for petroleum products in the local market, as well as to maintain the maximum strategic stock in depots and to cut transportation costs.