Siemens awarded KNPC contract worth $240mn
Siemens awarded KNPC contract worth $240mn
RELATED ARTICLES: Iraq suspends eight Siemens contracts | Siemens awarded $128mn Iraqi contract | Trend Setter Siemens has been handed a turnkey contract by the Kuwait National Petroleum Co (KNPC) to supply high-voltage substations at refineries south of Kuwait City, a company statement said. Valued at $240.1 million, the project will provide reliable power supply to two of KNPC’s biggest refineries and is scheduled for completion in December 2015. One of Siemens Energy Transmission’s largest contracts in Kuwait, it stipulates that Siemens supply and install 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, said the statement. The works will fit in with KNPC’s Clean Fuels Project, which seeks to make fuel production in Kuwait more environment-friendly, and involves a major upgrade and expansion of the MAA and MAB refineries to integrate the company’s Refining System into one Refining Complex. “Siemens is proud to be supplying the latest high-voltage technology to KNPC,” said Adrian Wood, CEO of Siemens EES, the Kuwaiti unit of Siemens AG. “This project will both enhance and make sure a reliable power supply is available to help Kuwait meet its future market demand for transport fuels by 2020, as it seeks to increase processing capacity at its refineries.” KNPC and Siemens’ partnership dates back to 1975, and the latter has previously supplied many industrial steam turbines and compressors to KNPC for use in their oil refinery projects, and implemented substation works at Mina Abdulla Refinery (MAB), Mina Al Ahmadi Refinery (MAA) and part of the New Acid Gas Revamp Project (AGRP), added the statement. “Our partnership with KNPC aims to assist the company in meeting its expansion goals by using the most efficient power transmission systems from Siemens,” added Wolfgang Braun, head of Siemens Power Transmission Middle East. “This contract will provide the latest high-voltage substations to KNPC to help it mitigate losses and boost profitability by ensuring minimal downtime at its refineries.”
