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Petroleum industry

Foster Wheeler Awarded Contract for New Coker at MOL's Szazhalombatta Refinery

Strategic Insights

— 1 min read

Foster Wheeler Corporation, a global leader in design, engineering, and construction services, has been awarded a contract by MOL Hungarian Oil and Gas Company (MOL) for the design of a new coker at the Szazhalombatta refinery. The project is part of MOL's broader modernization program and will utilize Foster Wheeler's proprietary SYDEC(SM) technology. The new coker will have a rated capacity of one million metric tons per year and is scheduled for completion by 2000. Foster Wheeler's USA and Iberia subsidiaries will collaborate with Hungarian engineering company Olajterv on the detailed engineering phase.

Key Takeaways:

  • Foster Wheeler has been awarded a contract by MOL Hungarian Oil and Gas Company (MOL) for the design of a new coker at the Szazhalombatta refinery, valued at unknown amount.
  • The project is part of MOL's broader modernization program currently underway at its refinery facilities.
  • Foster Wheeler will use its proprietary SYDEC(SM) technology, which is well-tested and state-of-the-art.
  • The new coker will have a rated capacity of one million metric tons per year and is scheduled for completion by 2000.
  • Foster Wheeler's USA and Iberia subsidiaries will collaborate with Hungarian engineering company Olajterv on the detailed engineering phase.
  • The scope of the project includes basic design of the coker, coker heater, detailed engineering services, training of personnel, and start-up assistance.
  • Foster Wheeler will provide a complete scope of environmental services, including remedial investigations, feasibility studies, hazardous waste and toxic substance cleanups.

Statistics:

  • One million metric tons per year: rated capacity of the new coker.
  • 2000: scheduled completion date of the project.
  • 35 years+: Foster Wheeler Iberia's presence in Madrid, Spain.

Sources:

  • Business Wire: "Foster Wheeler Corporation Announces Award of Contract for New Coker at MOL's Szazhalombatta Refinery"
  • Foster Wheeler Corporation's press release (date: February 4, 1998, source: Business Wire)

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