GS E&C Wins $865M Order to Rebuild ADNOC's Fire-Hit Refinery-BOBPIPE REPRINTED
South Korea's GS
Engineering & Construction won an order worth $865 million to restore a
fire-hit refinery unit owned by UAE's Abu Dhabi National Oil Corp (ADNOC). A
fire broke out at the ADNOC's 800,000 barrels-per-day Ruwais refinery in
January this year, cutting its capacity by half.
GS E&C, which said it it won the order as it had constructed the refinery, said it aims to complete the work by early 2019. ADNOC restarted crude distillation and associated units after the fire, but gasoline and propylene production have been partially reduced. —(Bobpipe reprinted)