FOSTER Wheeler Energy Ltd, a UK-based firm, has secured a contract to carryout a feasibility study for the construction and development of oil refinery in Uganda.
The refinery development programme will go through five stages; feasibility study, project promotion and attracting developers, and the front-end engineering design. Other stages are engineering procurement and construction and commission and operation of the refinery.
Kabagambe-Kaliisa, the energy permanent secretary, disclosed last week that the refinery feasibility study, which is expected to last six month, will commence on January 2 and be completed in mid-2010.
â€œThe objectives of the feasibility studies are to recommend the size, configuration, location, cost and financing options of the refinery and the attendant infrastructure and markets for the refined products, preliminary environmental assessment of the possible impact of refinery development,â€ he said.
The study will also recommend possible areas for private sector participation.
He said Foster Wheeler Energy was selected in accordance with the international procurement process which started in August 2009.
â€œThis process attracted 35 companies which expressed interest in undertaking the study.â€ Kaliisa explained.
â€œOut of these, six were contacted to submit their proposals and the proposal of Foster Wheeler Energy Ltd was considered the best.â€
Foster Wheeler is a global engineering and construction contractor with a reputation for delivering high quality, technically-advanced, reliable facilities and equipment on time.