Pemex awards refinery expansion contract

Fluor Corp. unit ICA Fluor’s industrial engineering-construction joint venture with Empresas ICA SAB de CV has received a $95 million contract from Petroleos Mexicanos (Pemex) to develop the first phase of the project to reconfigure the Miguel Hidalgo refinery in Tula, Hidalgo.

ICA Fluor will be responsible for basic and detailed engineering for the process plants, auxiliary services, and integration required to increase the refinery’s distillate production capacity to 80% from 63%.

The announcement said this is the first phase of a megaproject announced by Pemex to increase national production of higher value distillates through reprocessing of such products as gas oil (diesel). Pemex expects total investment to be about $3.5 billion.