Shaw Group Books Another Refinery Contract in Iraq

---

Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--The Shaw Group (NYSE:SHAW) (Baton Rouge, Louisiana), which is conducting feasibility studies and front end engineering and design (FEED) for two grassroots refinery projects in Iraq, has been awarded a contract by Iraq's South Refineries Company to provide a feasibility study for the rehabilitation of the 140,000-barrel-per-day refinery in Basra.

The United Sates Trade and Development Agency (USTDA) is funding the feasibility study through a grant to the Southern Refineries Company, which is under the country's Ministry of Oil. This is the first time USTDA has made a direct grant to an Iraqi recipient and marks the agency's support for the country's long-term economic development. The study will assess the current condition of the refinery and estimate the engineering, equipment supply and construction services required to improve its operation.

James Glass, the president of Shaw Energy & Chemicals Group, said that the study would help to promote the development of Iraq's oil business and modernize vital facilities.

"This is Shaw's fourth refining project in Iraq, reinforcing our continuing commitment in the Middle East region," Glass said.

The projects the company is already working on are situated near the cities of Maissan and Kirkuk, and both are 150,000-barrel-per-day projects. The feed element of the contracts covers all process units, offsite facilities and utilities for both refineries.

In another project, Midland Refineries Company's refinery in Daura, Shaw, in partnership with Axens (Rueil, Malmaison, France), is providing a process design package for a 30,000-barrel-per-day residual fluidized cracking unit.

View Project Report - 96000013 96000015 200005678 200005679 200005803 200005809 200006456 200006458 200006549 200006553 200006777 200006781 20000770 20000775 96000014 96000016 200005656 200005663 200005667 200005821 200005825 200006433 200006440 200006548 200006552 200006785 200007763 200007769 200007058 300022628 300044157 300044275 300044276

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.