CB&I joint venture wins $100mn Bahrain deal
Partnership with Chevron to provide refining tech for Bapco upgrade
A joint venture between US-based engineering firm CB&I and oil firm Chevron has won a contract worth over $100mn from Bahrain Petroleum Co.
The contract covers Bapco's recently-announced modernisation programme, which could cost a total of $5bn, according to some estimates.
Technip was appointed to carry out a Front End Engineering Design study covering four separate packages last month, which would see the firm's refining capacity increase by almost 100,000 barrels to 360,000.
CB&I's joint venture will licence some of its technologies and carry out engineering design packages for new residue hydrocracking and vacuum gasoil hydrocacking units to be built at the refinery.
The president of CB&I's technology group said that its technologies and catalysts had been used at the existing refinery to help provide clean transport fuels and lubricant base oils. However, he added that the modernisation programme will "introduce further depth of conversion and upgrading of heavy oil".
"The selection by Bapco to be its key technology provider underlines CB&I and Chevron Lummus Global's lead position in heavy oil upgrading," he said.