Engineering services provider Fluor has signed contracts with Valero Energy to provide engineering, procurement, construction and management services for its Unified Hydrocracker Program projects at its refineries in St Charles, Louisiana, and Port Arthur, Texas.
The engineering, procurement, construction and management (EPCM) contracts for the Unified Hydrocracker (HCU) Program expansion projects totaling $1.2 billion were booked in the second quarter of 2008. Fluor's Calgary, Houston and New Delhi global execution centers will perform the work for the new expansions.
The two projects are part of a major growth program for Valero at its St Charles and Port Arthur refineries. They have been designed to capitalize on the production of ultra-low sulfur diesel transportation fuels through the addition of two hydrocrackers.
David Seaton, president of Fluor's energy and chemicals group, said: "We are pleased to assist Valero with its important strategic expansion plans at its St Charles and Port Arthur refineries. Fluor has extensive refinery experience in the Gulf Coast region that will benefit Valero's fuel expansion program."
Story Source: Datamonitor