Essar Projects, a global EPC (Engineering, Procurement & Construction) company, stated that its joint venture with Italy’s Saipem S.p.A has won a USD 1.57B order from Kuwait National Petroleum Company (KNPC) for setting up Al-Zour Refinery Project (ZOR), Package-4, in the State of Kuwait. The New Refinery Project at Al Zour is Kuwait’s biggest development project with crude processing capacity of 615,000 barrels per day (bpd). Mr. Panda said, “This mega order win is a testimony to our project management capabilities, which we have built over the years. The project marks Essar’s entry into the Kuwait project market with the biggest EPC contract by an external client. It also signals a quantum growth in our overseas business, showcasing our capability to collaborate with leading international EPC companies and our competitiveness in the face of tough global competition.”
The KNPC contract provides scope for the Al-Zour Refinery Project (ZOR) as the contract includes Engineering, Procurement, Construction, Pre-commissioning and assistance during commissioning, start up and performance testing, in relation to Package-4 – Tank Farms. Essar’s portion comprises build-out of tankages, roads and bridges, as well as civil work, on an EPC basis.