Synopsis "KNPC – Clean Fuel Refineries Upgrade – Al Ahmadi - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Summary Kuwait National Petroleum Co. (KNPC) is undertaking the Clean Fuel Refineries Upgrade project in Kuwait.
The project involves rehabilitation and upgrade of refineries at Mina Al Ahmadi (MAA) and Mina Abdullah (MAB) to increase their combined capacity from 758,000 barrels per day(bpd).
The Clean Fuel Project is divided into three packages: the first package covers a processing unit at Mina Abdullah; the second covers a processing unit and revamp work at Mina Abdullah and Shuaiba refineries, the third package covers the revamping of Mina Al Ahmadi refinery.
The project also includes the modernization of Obsolete Instrumentation, the upgrade of existing solid sulfur handling and ship loading facilities at Mina Al Ahmadi refinery, the fourth new liquefied petroleum gas (LPG) train at Mina al-Ahmadi refinery, and Acid Gas Removal Plant, and the construction of fifth Gas Train (GT5) at Mina al-Ahmadi Refinery.
Fluor Corporation was appointed as the project management consultant during the front-end engineering design (FEED) stage.
Worley Parsons was appointed as a feasibility study and FEED consultant for the Mina Ahmadi refinery project.
On December 11, 2007, a joint venture of Hill Internatio management (SDPM) was awarded the consultancy contract. The JV’s scope of work includes on-call consulting services, contract and commercial management, interface management, quality assurance and quality control (QA/QC), and claims avoidance and management services. Hill International is a 65% partner in the joint venture and SDPM is a 35% partner.
In January 2008, Larsen & Tourbo was awarded the US$300 million contract to manufacture and supply reactors. The scope of the contract covers the manufacture and supply 22 hydrocracker and atmospheric residue desulphurization (ARDS) reactors.
In July 2010, Tecnimont was appointed as the engineering, procurement, construction and commissioning (EPCC) contractor for revamping of the Mina Al Ahmadi refinery existing gas handling facilities (the existing AGRP unit) at the plant.
Global Engineering and Construction Group, a subsidiary of Amec Foster Wheeler, was awarded the US$500 million project management and consultancy (PMC) services contract in December 2012. Foster Wheeler’s scope of work includes the provision of project management services during the tendering phase for the engineering, procurement and construction (EPC) contractors, and management of the EPC contractors through to completion of performance testing.
In December 2012, Global Engineering and Construction Group, a subsidiary of Foster Wheeler AG, was awarded the US$500 million PMC contract.
In January 2013, KNPC issued a new tender for the engineering, procurement, construction and commission (EPCC) of new units at the refinery, including a fluid catalytic converter and sweet water treatment unit.
Seven EPC firms were pre-qualified to bid for the contract by April 2, 2013. The bidders are ABB Switzerland; South Korea’s Daelim Industrial; Hyundai Engineering & Construction of South Korea; Japan based JGC Corporation; India’s Larsen & Toubro; UK based Petrofac; and Punj Lloyd from India.
On April 30, 2013, Daelim Industrial Co. Ltd. submitted the lowest bid of US$50.6 million to build a new refining unit followed by India’s Larsen and Toubro Limited.
In June 2013, Daelim Industrial was awarded the EPC contract for Sulphur Handling & Ship Loading Facility Expansion.
In September 2013, Siemens was awarded a contract to supply and install two substations. The scope of the contract involves supply and installation of a 132kV substation AHRF “C” at the Mina Al Ahmadi Refinery (MAA) and a 300/132kV substation MARF “W” at the Mina Abdulla Refinery (MAB), including high-voltage cable connections.
In December 2013, AMEC was awarded a contract to provide project engineering and management services for the project.
In January 2014, O&G Engineering Company was awarded a contract to undertake Civil Works at Mina Al Ahmadi Refinery.
In February 2014, Mina Abdullah upgrade was awarded to a consortium led by Britain’s Petrofac, and US Fluor-led consortium and Mina Al-Ahmadi upgrade was awarded to Japan’s JGC Corp-led consortium.
Britain’s Petrofac consortium includes Samsung Engineering, CB & I Lummus. US Fluor consortium includes Daewoo E&C, Hyundai Heavy Industries, and JGC Corp-led consortium includes SK Engineering & Construction and GS Engineering & Construction.
In April 2014, Samsung Engineering Co has signed the official contract agreement with KNPC. The contract value is worth US$1,600 million.
On June 5, 2014, Consolidated Contractors Company (CCC) appointed as a contractor to undertake the construction of new units (Greenfield), new units in an existing facility and the revamping of existing units (Brownfield) of the project. The scope also includes EPC of buildings (maintenance and operation buildings - MOBs and substations).
In December 2014, construction activities on LPG fourth train was completed.
On January 22, 2015, Mushrif Trading & Contracting Co. has been awarded a contract from Fluor Corporation worth US$14.5 million to undertake the Civil Works at Mina Abdullah Refinery.
The scope of the contract includes the construction of concrete works, road paving and the installation of pipe-rack foundations and sleepers, structural steel erection and the supply and installation of underground piping.
On March 5, 2015, Chicago Bridge & Iron Company (CB&I) was awarded an EPC contract of US$60 million by JGC Corp to construct the 39 storage tanks and two spheres for the project Mina Al Ahmadi Refinery Upgrade.
In March 2015, Tecnicas Reunidas (TR) was appointed a turnkey contract to undertake the development of fifth Gas Train (GT5) at Mina al-Ahmadi Refinery.
In July 2015, 27% of construction activities on Mina Al Ahmadi Refinery (MAA) and Mina Abdullah Refinery (MAB) were completed.
In February 2016, 39% of construction was completed.
Zamil Structural Steel Co. was appointed as a contractor to undertake the fabrication, supply and the delivery of the second package of the project.
In April 2016, KNPC obtained US$4,000 million loan from 11 banks with National Bank of Kuwait and Kuwait Finance House as mandated lead arrangers. Al Ruwayeh & Partners (ASAR) acted as legal counsel of the mandated lead arrangers.
On August 3, 2016, the installation of 132kV substations was completed.
In October 2016, Kentech Kuwait and SPIE Oil & Gas Services were appointed as technical consultants.
As of October 16, 2016, KNPC expects to finalize over US$5,000 million loans for the project by the first quarter of 2017. NBK Capital is acting as exclusive financial adviser for the deal and HSBC is the coordinator for this transaction.
In January 2017, fabrication and supply work for the second package were complete.
On March 2017, The Japanese export credit agencies (ECA ) loan agreement was signed with KNPC.
On May 24, 2017, KNPC signed a US$6,250 million loan with international lenders and ECAs to finance the project and the ECA’s involved in the financing are Korea Trade Insurance Corporation (K-Sure), the Export-Import Bank of Korea, SACE, Japan Bank for International Cooperation, Nippon Export and Investment Insurance, Atradius Dutch State Business N.V. and UK Export Finance.
KNPC, advised by NBK Capital, selected a group of 10 international banks to provide the financing under the coverage of the Korean ECA K-Sure, the Italian SACE, the Dutch Atradius and the British UK Export Finance. The banks are HSBC, Bank of Tokyo-Mitsubishi UFJ (BTMU), BNP Paribas, Banco Santander, Societe Generale, Banco Bilbao Vizcaya Argentaria (BBVA), Natixis, Credit Agricole Corporate and Investment Bank (CA-CIB), Mizuho Bank and Standard Chartered Bank.
Nippon Export and Investment Insurance (Nexi) the company signed a loan under US$500 million agreement with a club of four banks comprising Sumitomo Mitsui banking Corporation (SMBC), BTMU, Mizuho bank and HSBC.
In June 2017, construction works on the third package were 76.6% completed.
In November 2017, the first phase of Mina Al-Ahmadi Refinery Sulphur Handling Facilities was completed.
Construction works are underway on second and third phase.
Scope The project involves the rehabilitation and upgrade of Mina Al Ahmadi and Mina Abdullah refineries in Kuwait.
The US$14,000 million project includes the following: 1. Construction of a gas treatment plant 2. Construction of process units 3. Construction of pumping stations 4. Construction of an acid gas removal plant 5. Installation of new crude distillation units 6. Installation of storage tanks 7. Installation of 33 reactors and pressure vessels 8. Renovation of export systems 9. Renovation of existing refineries
Reasons To Buy • Gain insight into the project. • Monitor the latest project developments. • Identify key project contacts.
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