John Crane today announced it has signed a frame agreement for the
Kuwait National Petroleum Company (KNPC) Clean Fuels Project, a
modernization project that will upgrade two refineries in Kuwait. The
agreement covers the full share of the mechanical seals and systems used
for more than 530 critical pumps at the Mina Al-Ahmadi refinery, one of
the largest refineries in the Middle East. Engineering services,
commissioning support and technical training are also covered under the
agreement.
The agreement was signed with an engineering, procurement and
construction (EPC) joint venture that is managing a $4.8 billion portion
of the Clean Fuels Project. The joint venture comprises JGC Corporation
from Japan, and SK Engineering & Construction and GS Engineering &
Construction from South Korea.
The KNPC Clean Fuels Project is a major initiative to upgrade the Mina
Al-Ahmadi and Mina Abdulla refineries, with a goal of increasing
combined daily production to 800,000 barrels of oil per day. The project
will also improve the operating performance and energy efficiency of the
refineries, reducing carbon dioxide emissions and improving the quality
of hydrocarbon production to meet international environmental and
marketing standards, as well as legislation requirements.
Dave Hill, John Crane’s Vice President of First Fit Sales and Projects,
said: “We’re proud to be entrusted with this large project and support
strengthening Kuwait’s refining sector. As a leader in energy services,
we believe it is part of our responsibility to provide the advanced
technology needed by our customers to improve reliability in their
operations, while meeting the highest standards of commitment to the
environment.”
About John Crane
John Crane www.johncrane.com
is a global leader in engineered technology, supplying engineered
products and services to energy services customers and other major
process industries. The company designs, manufactures and services a
variety of products, including mechanical seals, couplings, bearings,
filtration systems and artificial lift equipment. John Crane employs
about 6,900 people and has more than 230 sales and service facilities in
50 countries. Fiscal year 2014 revenues were $1.5 billion. It is part of Smiths
Group www.smiths.com,
a global leader in applying advanced technologies for markets in threat
and contraband detection, energy, medical devices, communications and
engineered components.
Copyright Business Wire 2015
Source: Business Wire
(March 17, 2015 - 10:48 AM EDT)
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