Project Snapshot
ZORCO Crude Oil Refinery Project
Facility Type: Refinery
Scope: New Construction
Owner: Zwara Oil Refinery Co. Ltd. (ZORCO) (project company of Tamoil Africa Holdings Ltd.)
Location: Mellita  Libyan Arab Jamahiriya
Region: Africa
Modified:  October 31, 2008


Project description

Zwara Oil Refinery Co. Ltd. (ZORCO), which is owned by Tamoil Africa Holdings Ltd., plans to build a 200,000-barrel-per-stream-day (bpsd) oil refinery at Mellita, which is near Zwara in northwestern Libya close to the Tunisian border.

The estimated $4-billion refinery will feature a state-of-the-art facility for producing premium-quality gasoline, jet fuel, and diesel with minimal fuel oil production. In addition, the plan calls for related utilities, offsites, and marine facilities.

Foster Wheeler Ltd. on Oct. 30, 2008, announced that its Milan-based subsidiary Foster Wheeler Italiana S.p.A. has won a contract from ZORCO for consultancy and project management services for the planned refinery. The consultant will do the following under the contract: optimize the refinery configuration, select the licensors and the front-end engineering design (FEED), including preparing cost estimate; prepare and tender couments for the engineering, procurement and construction (EPC) phase; assist ZORCO in selecting EPC contractor(s); and act as project manager during EPC phase.

According to Foster Wheeler, the projected completion date for the ZORCO Crude Oil Refinery Project is 2014.

  Key Stats
Products:
gasoline; jet fuel; diesel
Construction type:
new construction
Post project capacity:
200,000 bpsd
Project cost:
$4B
Contractors:
Foster Wheeler Italiana S.p.A. (consultancy and project management)
Project completion date:
2014
  Related Articles
HSBC Seeks Partner for Libya Refinery By End 2010 - Report
Jul 19, 2010 - HSBC Holdings PLC reportedly plans to bring on board by year-end an international oil company as strategic partner for a Libyan refinery project.
HSBC To Advise On Libya Zorco Refinery Project
Dec 08, 2008 - HSBC Holdings PLC (HBC) said Thursday it has been appointed as financial adviser by Libya's Zwara Oil Refining Co., or Zorco, on a $4 billion oil refinery project in the country's northwest.
Foster Wheeler Wins Libya Refinery Contract
Oct 30, 2008 - Foster Wheeler has been awarded a contract by Zwara Oil Refinery Company Limited (ZORCO) for consultancy and project management services for a planned new 200,000 barrels per stream day crude oil refinery at Mellita, near Zwara, Libya.



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