Cool deal for ICA Fluor

ICA Fluor has won a $276m contract to provide engineering, procurement, construction and start-up support services for two modular cryogenic plants for Pemex Gas y Petroquimica Basica.

The contract will be booked in fourth quarter 2006 and the value will be split evenly between Fluor and Empresas ICA.

The consortium formed by ICA Fluor and Linde Process Plants will develop the project, which is scheduled to be completed in approximately 24 months.

Located in the gas processing centre of Reynosa, Tamaulipas, Mexico, the cryogenic plants will have a total capacity of 5.6 million cubic metres per day capacity and will be based on turbo-expander technology.

PEMEX Exploration and Production is a subsidiary of PEMEX, Mexico's state-owned integrated oil and gas company.