Foster Wheeler Awarded $32-Million Contract By Spain's Repsol Petroleo

abarrelfullabarrelfull wrote on 08 Dec 2012 10:10

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August 4, 1999

Foster Wheeler Corporation announced today that Repsol Petroleo, S.A. awarded a $32-million contract to Foster Wheeler Iberia, S.A. to upgrade two of the company's refineries in Spain so that they meet the European Community fuel specifications required by 2000.

Foster Wheeler Iberia, S.A. is responsible for the engineering, procurement and construction of the five projects that make up the contract at the refineries in Tarragona and Puertollano. The purpose of the upgrade at both refineries is to reduce the benzene content of naphtha prior to further treatment in a catalytic reformer. Additional facilities at the Puertollano refinery will include hydrotreating FCC naphtha to reduce olefins and sulfur, as well as the installation of merox and deisopentanizer units.

The Tarragona refinery has a capacity of 150,000 barrels a day and Puertollano 170,000 barrels a day. Both refineries produce liquefied petroleum gas, gasoline, diesel, jet fuel, methyl tertiary butyl ether, lubricants and petrochemicals for marketing in Europe.

Work on the projects has begun and is expected to be completed by year-end, except the deisopentanizer unit, which will be installed in the first quarter 2000.

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