Terminal News

Wood Awarded Vietnam FEED Contract

Written by...

Picture of Kate Rainford

Kate Rainford

Kate is our Junior Writer at Tank Storage Magazine

Wood has been awarded a front-end engineering design (FEED) contract for cleaner, increased fuel production at the Dung Quat Oil Refinery in Quang Ngai Province, Vietnam.

Under this contract, with Binh Son Refining and Petrochemical Joint Stock Company (BSR), Wood will upgrade and expand the state-owned refinery to increase throughout and ensure fuels comply with Euro V specifications.

Henry Ling, senior vice president of projects at Wood says: ‘Wood has supported BSR for over 30 years and we are honoured to be trusted to deliver this important project. Once expansion is complete, this refinery will help bridge the gap between supply and demand for refined products in the domestic market.’

Share this article:

Latest terminal news

All News

Bp & NOC To Explore Libyan Oilfields

Bp has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin,

Read More
All News

National Wealth Fund Invests In Peak Cluster

The National Wealth Fund has announced a £28.6 million (€33.2 million) equity investment in the UK’s cement decarbonisation project, Peak Cluster, to support the development of a planned carbon dioxide

Read More
Shaking hands neon light
All News

MET Acquires KGE

MET, has acquired 100% of KGE, a natural gas storage operator based in Gronau, North Rhine-Westphalia, Germany. With this acquisition MET is further strengthening its commitment to investing in natural

Read More